EUR/AUD SENDS CLEAR BEARISH SIGNALS|SHORT

31 июл. 2023 г.

Hello,Friends!

We are going short on the EUR/AUD with the target of 1.636 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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