Potential sell opportunities in EURAUD. Wait for a stochastic sell signal to print and short at around 1.61-1.6130. In that case, stops should be around 1.62 with targets at 1.56, 1.50. Hold this for a long time after all, you will be earning positive swaps.
Learn more from this link: forex.today
Just copy paste and see what I'm talking about.
Last week was bearish and I shall wait for short signals in this time frames before shorting. Potential sells lies within 1.58 and 1.585 with stops above 1.59. Remember, the weekly chart is very bearish complete with a sell signal and a bearish divergence pattern.
Read more here: forex.today
Euro over-extended to the upside and as it is, its a prime time to sell this pair.
so sell and take profits at 1.524 at the 61.8% Fibonacci retracement level in the daily chart.
Hey guys,
There is price action bear divergence pattern relative to the stochastics which are moving lower. Other than that sell signal, there is a clear double bar reversal happening at the 3rd quarter of this wedge meaning at any time there will be a break out. A break out below the 20 period MA and support trend line will be desirable for AUD bulls looking for...
