Singkat
Going down if not break the resistance
EURAUD is facing an extremely well formed reistance around 1.6189 area.
RISK: it's also in an extremely well formed uptrend channel and moving up quite healthily, so it may beak the resistance and move up without much hesitation.
NOTE: AUD employment data is coming out which may have some significant influence on this critical moment - it may simply accelerate either direction.
At the moment I prefer to consider a down movement most time frames particularly lower time frames RSIs are all near oversold level (sill have room so it is risky to think this way)
Price Entry: Now
SL: 1.62 because it is a risky setup, price going above 1.6195 would have already invalidated it.
TP: Fib based. AUD news may give a push.
GL.
RISK: it's also in an extremely well formed uptrend channel and moving up quite healthily, so it may beak the resistance and move up without much hesitation.
NOTE: AUD employment data is coming out which may have some significant influence on this critical moment - it may simply accelerate either direction.
At the moment I prefer to consider a down movement most time frames particularly lower time frames RSIs are all near oversold level (sill have room so it is risky to think this way)
Price Entry: Now
SL: 1.62 because it is a risky setup, price going above 1.6195 would have already invalidated it.
TP: Fib based. AUD news may give a push.
GL.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.