ORDER FLOW-SETUP #EURAUD SHORT- // 200+ PIPS UP FOR GRABS//

Hi all,

Potential trade setting up on EUR/AUD this coming week.

Additional information:

USD is weakening in strength (AUD and XAU is in anti-correlation with USD) and the USD INDEX is hitting major resistance which translates into great indications for a stronger AUD and a weaker USD, especially against a weak EUR.
We can also see that the order flow is going towards AUD.

- However EUR is expected to gain in strength but AUD will still be stronger so this trade is looking good.

- Pullback is for selling.

Correlating pairs: AUD/CHF (GBP/AUD).

See chart for more details.


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