On the first of July, EurAud started to drop and the pair fell 1000 pips in only 6 weeks.
However, last week's drop under support is in fact a false break and on Friday the pair reversed and we have a strong bullish engulfing on our chart
I expect a reversal from this pair and a rise to 1.48 resistance
Buy dips as long as 1.4250 is intact can be a good strategy
However, last week's drop under support is in fact a false break and on Friday the pair reversed and we have a strong bullish engulfing on our chart
I expect a reversal from this pair and a rise to 1.48 resistance
Buy dips as long as 1.4250 is intact can be a good strategy
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.