EUR/AUD
The AUD is closely linked to commodity prices (particularly metals and coal). If commodity prices rise, this can support a stronger AUD, and EUR/AUD may continue to decline.
Consider selling if the price reacts at resistance zones on the H4 timeframe or shows signs of breaking through key support zones.
Stop loss and take profit: Place a stop loss above recent highs and take profit at the next support levels or according to an appropriate R:R ratio.
Consider selling if the price reacts at resistance zones on the H4 timeframe or shows signs of breaking through key support zones.
Stop loss and take profit: Place a stop loss above recent highs and take profit at the next support levels or according to an appropriate R:R ratio.
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