Forex aud to euro

By: Sanitarium Date: 21.07.2017

We see bearish divergence from price action on RSI and Stochs on the daily chart.

XE: Convert AUD/EUR. Australia Dollar to Euro Member Countries

MACD shows continuation of trend lower. Next bear target is DMA at 1.

Bearish invalidation seen on close above DMA at 1. Pair could then rebound till DMA at 1.

forex aud to euro

I've changed my view on this pair. A LL LC candle inside the box will present a decent shorting opportunity for a move lower with the overall trend on H1. Shorting Opportunity to pick up this wonderful downtrend! In these two green zones we can see a reversal for at least a pullback if not bigger trend. EURAUD is going to reach important price level, I am expecting a bounce there. Also, the EURAUD is in long downtrend and needs little bit of consolidation. EURAUD sitting around 1.

Place stops at 1. This trade has a great R: Supply and demand trade, simple as that.

forex aud to euro

Trail your stoplosses 25 pips once you hit 25 pips profit! So, move stoploss to breakeven 25 pips profit move Stoploss to 25 pips profit Hey guys, just wanted to let you know what i'm looking for in the next hours. On EURAUD price is testing a key support level on the daily in oversold condition and therefore i can expect market forex aud to euro react at this level.

As i go down on 1hr chart meaning bull run stock market can see there's a double bottom setting up with RSI divergence and this also increase my confidence in this trade. Break of the trendline will see the price confirm the short opportunity.

Check on the 4H too for confirmation.

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Forgotten forex trades: EUR/AUD and EUR/JPY

Short Term From 15 minutes to hourly. Medium Term From hourly to daily. Long Term Daily and higher intervals. This pair is considered to be a great barometer for global risk.

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