EURAUD broke out quite sharply few weeks back followed up by a double top on bigger picture. As now this market rallying a bit but to me it seems like market momentum is weakening across the board which signals for a downside to ensue. Watch for compression here and strong bearish expansion bars to build positions or if you have your trading strategy consider shorts.
Trade Safe!
Thanks for your support.
Trade Safe!
Thanks for your support.
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up more than 160 pips so far.
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Move stops to break even.
