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Main » 2019 » August » 8 » Analysis and forecast of the currency pair EURAUD today 08/08/2019
10:13
Analysis and forecast of the currency pair EURAUD today 08/08/2019

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EURAUD Analytics based on the circular level, price channels and altered wave analysis.

08/08/2019 Technical analysis of the EURAUD

 

On day timeframe EURAUD Pin bar formed with a false breaking local maximum which was formed in the same Pin bar. We consider two scenarios for sale EURAUD - to correct 50% of the figure and in the penetration figures.

 

 

 

Trade Idea traders pair EURAUD:

Sell ​​EURAUD pair

Var.1. After EURAUD correction in the range of 50% from the figure of Pin bar. It recommended as a filter on a smaller timeframe (M30 - N1) to determine the turning figure.

Var.2 .:  On a penetration figure Pin bar - 1.6530.

Stop Loss for the maximum figure - 1.6785.

Target levels - 1.6400; 1.6120; 1.5900.

 

 

 

Author: Eugene Boguraev Grand Capital

 

Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.

 

Views: 15 | Added by: mik | Rating: 0.0/0
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