Euro / Australian Dollar
Short

EURAUD:A new trend is born?

569
Hey Traders, Commodities are showing some outperformance signs.. and this is due to indices bullish bias at first place that correlates positively with the Aussie and the New Zealand Dollar. Technically we have noticed a breakout of the uptrend so i will be watching a potential retrace the next week around 1.571 zone.
Feel free to ask any question in the comment section.
Trade safe, Joe.

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.