EURAUD Short

[TareqS]

The pair seems to have found its support at an up trending trendline twice. The price has been having a bearish correction. If the trendline's support produces a bullish reversal candle, the bull may make another move and make a new higher high.

 

[momo3HC]

The pair seems to have found its support at an up trending trendline twice. The price has been having a bearish correction. If the trendline's support produces a bullish reversal candle, the bull may make another move and make a new higher high.

Yep the short trend is not broken yet so let's see.

 

[ForexTus]

Yep the short trend is not broken yet so let's see.

Itll be interesting to see if it will move over the next week its due a more pronounced move soon

 

[TareqS]

The pair has been heading towards the South with a moderate pace. The level of 1.46000 may hold the price as a level of support and push it towards the North.

 

[ForexTus]

The pair has been heading towards the South with a moderate pace. The level of 1.46000 may hold the price as a level of support and push it towards the North.

I like this round number, these psychological levels are really a key insight sometimes

 

[bigbax699]

Big movement in the markets due to the news release last week. Today's video is out looking at opportunities setting up in the markets and looking at current positions open. Take a look on my channel would be appreciated if you like and subscribed. Hope everyone has a good week.

 

[TareqS]

The pair may end up producing a Double Top around 1.51700 area. If the daily chart produces a Double Top, the pair may make a strong bearish move. It may find its support around the last swing low, which is at 1.43700.

 

[ForexTus]

The pair may end up producing a Double Top around 1.51700 area. If the daily chart produces a Double Top, the pair may make a strong bearish move. It may find its support around the last swing low, which is at 1.43700.

I like the 1.43 level too. It has a few institutional markers there too

 

[bigbax699]

Good morning all, hope everyone is having a good weekend. Markets open again tonight so having a little look at some possible setups. It has been a while since we have taken a trade on EURAUD , since that last big killer trade. A buy trade at the demand just below price here looks like a nicer little setup possible forming over the next couple of days. Price is now trading back above the moving average in what looks to be a bullish trend starting. We visited supply and look to be dropping back. If price gets top the demand, then we can look to take a buy and hopefully break the supply zone on the next try, and fill the imbalances above from that previous big drop, that's the first target, second would be the supply zone above. Keep watch over the next couple of days and be ready, hope you all have a good week, GLIYF

 

[Ed1916]

Good morning all, hope everyone is having a good weekend. Markets open again tonight so having a little look at some possible setups. It has been a while since we have taken a trade on EURAUD , since that last big killer trade. A buy trade at the demand just below price here looks like a nicer little setup possible forming over the next couple of days. Price is now trading back above the moving average in what looks to be a bullish trend starting. We visited supply and look to be dropping back. If price gets top the demand, then we can look to take a buy and hopefully break the supply zone on the next try, and fill the imbalances above from that previous big drop, that's the first target, second would be the supply zone above. Keep watch over the next couple of days and be ready, hope you all have a good week, GLIYF
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Find these helpful thanks. Will be keeping a watch on this one.