EURAUD Analysis
From its peak on 16th March, within less than 2 months we've seen price drop -16%. However, from this chart pattern we could expect to see a reversal and from a COT perspective banks are now adding Euro longs while reducing their Australian dollar holdings which could also suggest that the market could be bottoming out and attempt to create a base. We are keeping an eye on current levels to see if we see any bullish signs and if the overall longer term bullish trend will continue.
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.