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
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📈 Join the FREE Forex & Gold Channel
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.