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If a M15 close above 1.3600 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3500 sell only and do not buy. If price closes back above it again do nothing
The range 1.3600 and 1.3500 is neutral area, any trade done in between is personal decision and not part of this analysis
the pair and as we can see from the chart is trading now above the level of 1.3500 , so when ever the pair success in breaking 1.3500 , that's mean the down trend will be assured and the pair might head to 1.3470 and then 1.3440
If a M15 close above 1.3600 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3500 sell only and do not buy. If price closes back above it again do nothing
The range 1.3600 and 1.3500 is neutral area, any trade done in between is personal decision and not part of this analysis
price is moving above support of 1.348,if price close under this support ,price will continue landing but if fail to close under it ,price will rise to resistance of 1.363
If a M15 close above 1.3600 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3510 sell only and do not buy. If price closes back above it again do nothing
The range 1.3600 and 1.3510 is neutral area, any trade done in between is personal decision and not part of this analysis
the pair as we can see on the chart has success in breaking the level of 1.3500 and reached the level of 1.3460 , that's mean the down trend is standing and the pair might head to 1.3430 then 1.3400
If a M15 close above 1.3600 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3400 sell only and do not buy. If price closes back above it again do nothing
The range 1.3600 and 1.3400 is neutral area, any trade done in between is personal decision and not part of this analysis
The price is trying to penetrate the resistance level at 1.3426 and I expect that penetrate and reach the highest level of
The EURAUD is also a gauge of risk so it is noteworthy that price is testing 13644 and perhaps completing a correction (or part of a larger complex correction). Extended weakness would shift focus lower to 13479.
EUR/AUD's sharp decline last week affirmed our view that rebound from 1.3022 has already finished at 1.4086.