EUR/AUD: bullish setup toward key point
In this new analysis, I see that Euro/Australian Dollar look very interesting to long in this trade. What right now, we see a bullish signal to buy EUR/AUD.
So guys, I will share my expectative, because we could to find up 110 pips in this trade. So, If you look in H4 timeframe, we're in the psychological market trap, as bull are defending this zone to make Euro strength.
And also, we hope important key in the German Manufacturing PMI what hopes to reach 45.7. And President Lagarde will speak on Thursday and Friday to take this perspective how she influence the Euro value.
So guys, tomorrow we have an important indicator about FED interest rate decision, where they're a speculation that U.S. economy it's not working before as some economic indicator are spoke that a possible economic deceleration might to bring a fall in some U.S. economic sector. Also, economist watching that FED seem to be less aggressive about the evidence how the fell of the U.S. business outlook it's still in the wrong scenario, indicate a recession.
I hope that this analysis support you
So guys, I will share my expectative, because we could to find up 110 pips in this trade. So, If you look in H4 timeframe, we're in the psychological market trap, as bull are defending this zone to make Euro strength.
And also, we hope important key in the German Manufacturing PMI what hopes to reach 45.7. And President Lagarde will speak on Thursday and Friday to take this perspective how she influence the Euro value.
So guys, tomorrow we have an important indicator about FED interest rate decision, where they're a speculation that U.S. economy it's not working before as some economic indicator are spoke that a possible economic deceleration might to bring a fall in some U.S. economic sector. Also, economist watching that FED seem to be less aggressive about the evidence how the fell of the U.S. business outlook it's still in the wrong scenario, indicate a recession.
I hope that this analysis support you
