Forex Market Analysis

EURAUD short Signal

Fantastic conditions have been met for a short signal on the EURAUD pair.


Price is currently a few days before a pivot in time (red vertical line). Price has also been in a firm short-term uptrend over the past 9 days, which itself is a little extended. There is a beautiful bearish candlestick on the daily chart. Additionally, the RSI and CI are in a mirrored structure, with the CI in extremely overbought conditions. Target area should be the 1.594 zone.




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