EURAUD long
Uppdaterad
Technical - similar to other euro crosses, euro over sold, expect a pull back to 1.60000
Fundamental - lagarde's tune would have to sync with other singers, market may have to price in euro positivity. equity markets are at the edge + bitcoin pull back indicating conservativeness + covid cases on the rise in some places + neg equity news = positive euro and other safe havens.
Fundamental - lagarde's tune would have to sync with other singers, market may have to price in euro positivity. equity markets are at the edge + bitcoin pull back indicating conservativeness + covid cases on the rise in some places + neg equity news = positive euro and other safe havens.
Handel aktiv
maintaining upside targetKommentera
USD pressure on EUR has so far been reasonably resisted in EURAUD. A relief from USD pressure could help upside momentum in this pair.Handel aktiv
1.57 is a level to watch. If price stays above - 1.60 could be reached. Book some profit if in the trade. Be aware of covid risks. Fears will help EUR.Handel aktiv
Book some profit and enter on pull backHandel aktiv
Note Dec month santa rally in equity market are good for AUD , NZD and CAD so be mindfully. Close all positions once target reachedTrade stängt: målet nått
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