EURAUD In uptrend since 30th Nov 2018. Currently Price is sitting at minor resistance trend line in 4hr.
But in EURAUD we have two scenarios in Play;
First scenario is to wait and see if price will make a
short term sell to the down side to grab liquidity to the upside.
We gonna been keen to look this scenario in 4hr timeframe.
Second scenario is to wait for break and retest of currently minor
resistance trendline in 4hr and daily timeframe and then buy this pair
to the upside. 400+ Pips target
But in EURAUD we have two scenarios in Play;
First scenario is to wait and see if price will make a
short term sell to the down side to grab liquidity to the upside.
We gonna been keen to look this scenario in 4hr timeframe.
Second scenario is to wait for break and retest of currently minor
resistance trendline in 4hr and daily timeframe and then buy this pair
to the upside. 400+ Pips target