In this video update, we look at taking a lower risk trade on EURAUD. In the telegram channel we spoke of buying the
daily high in anticipation of a breakout. With the short-term AUD strength price moved and formed a new daily low.
However, that daily low comes in at a weekly 50% fib retracement where buyers may step back into the market.
daily high in anticipation of a breakout. With the short-term AUD strength price moved and formed a new daily low.
However, that daily low comes in at a weekly 50% fib retracement where buyers may step back into the market.
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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.
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.