EURAUD - 9/24-29/17 Analysis
Not a pair I usually trade, but was asked to provide analysis so here's my best take:
Expecting rise to 1.51000 - 1.51700 levels
Followed by decline to 1.48700 - 1.48000 levels
Firm break below 1.47900 can signal further decline to re-test support of 1.44250 in longer term.
Projected Volatility for this pair = 60% to 90% on daily outlook
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Not a pair I usually trade, but was asked to provide analysis so here's my best take:
Expecting rise to 1.51000 - 1.51700 levels
Followed by decline to 1.48700 - 1.48000 levels
Firm break below 1.47900 can signal further decline to re-test support of 1.44250 in longer term.
Projected Volatility for this pair = 60% to 90% on daily outlook
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.