EURAUD TECHNICAL ANALYSIS ON DAILY TIMEFRAME
If you are a fan of trend trades,then here you are.
EURAUD is flirting around 1.6100 area which is right smack around the 200 SMA on daily timeframe.
The prices were stucked in an ascending channel and the prices failed to break it since June.
Can bulls take the upper hand?buying the pair at the moment can provide you a good Risk-reward ratio.