EUR/AUD Weekly Timeframe Analysis (28/10/17)
EA on the weekly timeframe is showing is a nice resistance showing at the 1.56 zone.
Price could go and squeeze out shortlist at the red round circle - pain zone aka shortist stop loss
Patience will be needed as we are talking about the weekly frame.
Disclaimer :
This analysis does not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose
Price could go and squeeze out shortlist at the red round circle - pain zone aka shortist stop loss
Patience will be needed as we are talking about the weekly frame.
Disclaimer :
This analysis does not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose
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