EURAUD Holds Below 1.6811 Level
Recently, I started focusing on structural moves off of higher timeframes. This signal on
EURAUD
looks great to me.
Price traded in the range from 1.6811 to 1.7017. After a small pullback, today's 5 PM EST close indicates that price is unable to hold above the lower level. Given the runup that this pair has experienced, I expect greater downside payout potential.
EURAUD
looks great to me. Price traded in the range from 1.6811 to 1.7017. After a small pullback, today's 5 PM EST close indicates that price is unable to hold above the lower level. Given the runup that this pair has experienced, I expect greater downside payout potential.
