EURAUD: MONTHLY OUTLOOK: A CONFLUENCE OF RESISTANCE; SHORT!

2020-02-16 12:50:31

Comparing Weak Vs Strong currencies this past week (end 2/14), EUR shored weakest of all currencies whereas AUD relatively strong of the two currencies-- meaning a SELL bias for the pair.

Monthly chart analysis has the pair price at confluence of Resistance.

A good technical approach on this pair should provide awesome short opportunity.

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