My dear subscribers, Please, find my technical outlook for EUR/AUD below: The price is coiling around a solid key level - 1.68197 Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.67122 My Stop Loss - 1.68805
About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK