EURUSD made a lower high yesterday and we now see a test of 1.0700 again.
We continue to watch for a breakout and exhaustion of the move.
While we wait for clear opportunities in the major pairs we are trading EURAUD where we are seeing a pullback from the support zone.
(We shared about this movement in yesterday's email.)
If the EURUSD continues to hold at these levels and the decline remains smaller than that of the AUDUSD, this will help the rise in the EURAUD.
We continue to watch for a breakout and exhaustion of the move.
While we wait for clear opportunities in the major pairs we are trading EURAUD where we are seeing a pullback from the support zone.
(We shared about this movement in yesterday's email.)
If the EURUSD continues to hold at these levels and the decline remains smaller than that of the AUDUSD, this will help the rise in the EURAUD.
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
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.