newcapitalfx

Institutional Supply: EUR/AUD Short

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OANDA:EURAUD   ユーロ/豪ドル
Hi Trader!

It's time for the mid-week watch list which I just finished in the live webinar. One of the main pairs I have my eyes on the upcoming week ahead is EUR/AUD short from this clean area of supply!

Price has to move up a lot more, before it is hit though.. patience is required in the markets and often sitting on your hands is the best strategy to use. Maybe with the news announcements this week, the overall currency pairs will move more and gain some momentum. If this momentum occurs, I'll be ready.

Of course, potential entries always develop at the 4hour chart for me, so it needs a lot more for now.

Kind regards,
Max Nieveld

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