EURAUD: Consolidation Between Structure Levels
Nothing much on the pairs in my trading portfolio, so looking at a few of my bench warmers in order to get some reps in before our Live Trading Day starts at 8.
We've had some decent back and forth action recently on the EURAUD and although this type of formation typically breaks out to the bullish side, I wouldn't be surprised to see a ppush down to 1.4700's first and even a retest of the channel lows.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
TradeEmpowered.com -The Premier Online Trading Education Company
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AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)
We've had some decent back and forth action recently on the EURAUD and although this type of formation typically breaks out to the bullish side, I wouldn't be surprised to see a ppush down to 1.4700's first and even a retest of the channel lows.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
TradeEmpowered.com -The Premier Online Trading Education Company
Trade Empowered on YouTube goo.gl/IscNch
Facebook: goo.gl/VTQngr
Twitter: goo.gl/FlH33l
AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)
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