Based on the trend and lagging line passing through the moving averages, I am looking at EURAUD as a long. There has been news for AUD that occurred for Monetary Policy Meeting Minutes, which elevated price of EURAUD to increase above 1.63. Therefore, we could be looking for a long opportunity.
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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.