EURAUD Long to 1.7300 level Alış

Euro Fx/Australian DollarFXCM

Açıklama

⋅ 19 Nis 2020 15:38

Price failing to fall below 4H demand zone so expecting a bullish push to 1.7300 level for 3rd tap of trendline and rejection of 4H 50EMA.

General bias for the pair is bearish as i'm expecting risk sentiment to remain risk-on given the relatively optimistic news expected from AUD/NZD this week re loosening of lock down measures

Supply and Demand Trend Lines

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Beadesy

⋅ 19 Nis 2020 22:39

Thanks for this. One to watch. Note that 1D 100EMA trend is bullish, but 4h,1h are bearish so not in alignment for a long set up yet?

Is this part of your analysis? Or are there other more prevalent factors at play?

Thanks again.

joerenshaw

⋅ 19 Nis 2020 20:03

agreed mate I have the same TL and descending TL and up to the 50ema.

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