Hello fellow risk-takers
EURAUD has been plunging in retracement, a bearish move which first posed as trend reversal. The retracement may conclude this week and see the pair forming new higher high again.
Trade approach:
—wait for price to touch or get close to the support trendline.
—watch for price action behavior on 4H (look for reversal candlesticks)
—do you
Trade well and take care.