Discussion in 'Forex' started by Lee-Bax, Apr 12, 2020.

  1. Lee-Bax


    Ok so since i last looked at EURAUD and was selling it down to the .618 fib, we have dropped over 480 pips. If you have been following since the start and got in on the sell then your in well over 700+ pips. I would consider taking profit around here and waiting to see what happens next. We have some support levels coming up and also divergence on the Daily timeframe . So we may see a turn here or some sideways action. i think it all depends on what happens with AUD and their economy whilst on lockdown as its still possible for them to grow with China being back in business. Stay safe, RM and GLIYF