ANALYSIS: EURAUD LONG TO 1.5900
EURAUD continues to fail to break below the key quarterly lows suggesting we could see a bounce back
towards the key lows at 1.5900. Typically, when we see this 'tennis ball' effect, where the market tests
the market lows multiple times in a short time, we see a rejection. We could look to long this market
with stops below the key daily lows.
towards the key lows at 1.5900. Typically, when we see this 'tennis ball' effect, where the market tests
the market lows multiple times in a short time, we see a rejection. We could look to long this market
with stops below the key daily lows.
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