On the Daily time frame, the EURAUD is starting to look rather overbought. It has formed a very nice trendline on the 240 minute chart. Ideally, I would really like to see this get up to 1.6585 area before dropping, but I do not expect that to happen.
I am not shorting yet, but I am watching this pair closely for opportunities to sell.
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If you want to see my live trading account, you can go to the Darwinex website and search for BPX. There you can see it.
I am not shorting yet, but I am watching this pair closely for opportunities to sell.
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If you want to see my live trading account, you can go to the Darwinex website and search for BPX. There you can see it.