Price closed on Friday, January 29th at 1.58796 which is right around a BUY ZONE according to our technical analyses from higher time frames (Daily and H4).
We can expect EURAUD to continue to be quite bullish into next month. If you decide to take our BUY signal on this pair, make sure to set your Take Profit (TP) at 1.60497.
We can expect EURAUD to continue to be quite bullish into next month. If you decide to take our BUY signal on this pair, make sure to set your Take Profit (TP) at 1.60497.
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Being that we may now be in a Risk-On environment, our SL has been touched in just the start of this new month. Looks like Bears will be entering for EURAUD.