As indicated in the chart, EURAUD is finding resistance at the channel TOP. So, far the price action indicates the formation of a TOP and possibility of EURUAD to drop in the coming weeks.
Low-risk sell entries can be taken at 1.7020-1.7120 with SL above 1.7300. TPs can be placed at 1.6770, 1.6540 and 1.6230
Low-risk sell entries can be taken at 1.7020-1.7120 with SL above 1.7300. TPs can be placed at 1.6770, 1.6540 and 1.6230
Note
Liquidy crisis created a mega candle lol. We will have to wait for at least 2-3 weeks before trading this
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.