Trading EUR AUSSIE will be profitable if you're looking for buy, both H4 and D1 came with our ascending trend channel where respected severally, we expect that to keep Trading till reaching our D point where is our major resistance.
In our trend channel the Bullish flag has been formed and broken by aggressive bulls, this shows power has been shifted to bulls after a very long time bearish movement.
ECB has been Hawkish couple weeks ago and still hawkish reaction with ECB is inevitable due to log pain with EUR, however the long bearish trend is expected to be finalized after forming the double bottom, and market has really reacted with the double bottom.
It have traded low, high, low and high, where it formed the existed double bottom.
Technically speaking EUR tend to increase and have more gains few weeks to come, if you really have a plan in EUR AUSSIE I advise you to pay more attention to EURAUD.
In our trend channel the Bullish flag has been formed and broken by aggressive bulls, this shows power has been shifted to bulls after a very long time bearish movement.
ECB has been Hawkish couple weeks ago and still hawkish reaction with ECB is inevitable due to log pain with EUR, however the long bearish trend is expected to be finalized after forming the double bottom, and market has really reacted with the double bottom.
It have traded low, high, low and high, where it formed the existed double bottom.
Technically speaking EUR tend to increase and have more gains few weeks to come, if you really have a plan in EUR AUSSIE I advise you to pay more attention to EURAUD.
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