Euro / Australian Dollar
Short

EURAUD Provided by Weekly Forex Forecast

513
Hello, We are in a clear down trend, nut no golden entry yet, we want a rise at least to 1.59 and Would prefer 1.6 Then start the selling in this area, Don't buy as it is risky and may just drop. Thanks for Thumps up

Why it could reach up there? USD index falling will send EUR UP

AUD unemployment if negative it will send this pair up also

Why we want to sell not to buy, Because USA CHINA trade deal is about to be done, and AUD will be very bullish, so we want to sell EURAUD not to buy it at all these days. Thanks guys

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.