D_pope

EURAUD Possible Buy

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PEPPERSTONE:EURAUD   Euro / Dólar Australiano
Looking at EURAUD for the week, I see the possibility of it going long, it will likely test the POC area at 1.62680 before going long, knowing that more Contract was added on the EUR compared to the AUD, though there is more weight on the AUD compare to the EUR, again the volatility for Euraud was increased by 4%. Therefore, my overall basis for this pair is long.
Wait for a proper price action before going long as the price may likely go down for a stop hunt.
Also, let me know your take on the comment session about this pair. thanks
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