EUR/AUD - Short
Dear all,
It's my personal opinion based on some great indicators that I find in TV for free:
a. RSI-14 are creating bearish divergence.
b. Price is respecting MA-200 and MA-600 as dynamic support and resistance, where I can expect bounce downward against MA-200.
c. And, from COT, at some degree, the price has correlation with Non-Commercial Net Report on AUD & EUR, and I haven't seen they give strong correlation to this PAIR, I think it is about the time for a possible push downward.
The pictures are to show my bias not an advice.
Cheers,
Khres
It's my personal opinion based on some great indicators that I find in TV for free:
a. RSI-14 are creating bearish divergence.
b. Price is respecting MA-200 and MA-600 as dynamic support and resistance, where I can expect bounce downward against MA-200.
c. And, from COT, at some degree, the price has correlation with Non-Commercial Net Report on AUD & EUR, and I haven't seen they give strong correlation to this PAIR, I think it is about the time for a possible push downward.
The pictures are to show my bias not an advice.
Cheers,
Khres
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