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EURAUD Daily Chart Analysis

Tuesday, August 18, 2015 20:57
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Screen Shot 2015-08-19 at 08.20.08

Hello traders welcome to another exciting day of Forex trading. We have today all data in the NY session. I feel this will be a slow day as people are waiting for the Fed to release the minutes at 1400 hours est. The charts look good today let us see how price action will work for us today.So let us take a look at the EURAUD- This is the 30 minute chart chart. Today we have current at the daily pivot point and I am looking to sell pair with a close below that at about price level 1.5012. I am looking for price to go to the support line that is marked on the chart at price level 1.4994 to take our profit. Just to note the daily chart is bullish and in a nasty range. Thank you trades and Tak Soon… William



Source: http://www.fxinstructor.com/blog/euraud-daily-chart-analysis

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