Price for EURAUD is currently reaching a key level on the weekly time frame. We will look to see if price gets rejected at this level or if it breaks and becomes a new support zone. Right now there are two ways this pair can go highlighted in the picture.
There are no confluences yet as i am not sure if i will be taking a long or short position on this trade.
One to keep an eye on for sure!
There are no confluences yet as i am not sure if i will be taking a long or short position on this trade.
One to keep an eye on for sure!