Eur/aud

[Reuben68]

Hello,
Is there anybody with any idea of what is going to happen to EUR/AUD?.
Has it come to the end of the uptrend as we have shooting star candlestick
above resistance level on 1Hour timeframe.
Thanks for your comment in advance.

 

[Pharaoh]

Wish I could help, but that's not a pair I pay a lot of attention to.

Anyone out there with info?

 

[FringFX]

A shooting star candlestick would only be visible in certain brokers. which broker are you with?
Do you have a chart?

It made a new high last week (third straight new monthly high). If you are looking to go long, I personally would like to see 1.4200 - 1.4300 hold, at the same time, looking for signs this is a fake up-move so you won't get caught. Of course, discount buys at much lower prices is preferred.