Hello Traders, Hope you all doing great, so EURAUD had a nice rejections at previous daily low expecting a continuous a bullish momentum!
-Enter when price break-through trendline of liqudity, that will be a safest entry!.
-Watch for price momentum when the 4H candles closes and then enter.
Good Luck, Trade Safe!
Hello Everyone, hope you all having a great weekend!
-What do you think of #EURUAD, the pair had consolidated for a long period and retested the equal lows, we have been expecting price to continue the bullish momentum and trend. #AUD is expected to be weak due to strong sign of DXY reversal.
PLEASE LIKE AND FOLLOW TO SHOW US SUPPORT WHICH WILL HELPS US TO SEND...
EUR-AUD is trading in a local uptrend
And the pair made a rebound from
The horizontal support, then
Broke the falling resistance
So I am bullish biased
And I think that we will see
A retest of the target above
Price has broken out of support and resistance formation and now testing previous resistance which is now our support level. This has potential to trade to the upside. What's your thought on this pair?
EURAUD - 24h expiry - We look to Buy at 1.5620 (stop at 1.5550)
Previous support located at 1.5600.
Previous resistance located at 1.5700.
There is no indication that the rally is coming to an end.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.5600 will confirm the bullish momentum.
Our profit targets will be 1.5800 and...
Hope you all are doing good!!
I expect EURAUD to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Yearly Market is sideways. Both sides have imbalance areas, but most markets' sentiments are bullish
2 📆Monthly: market structure is bullish, and the current move is corrective, but now the market also changes character with the previous break
3 📅Weekly: a strong up move now makes a clear retest on...