- According to the most brokers’ data, more than half of the traders are currently in short positions on EURAUD. As a result, we recommend considering only Long trades at this time.
- In this sideways movement, retail traders prefer to hold short trades. There seem to be a major player interest in an upward movement.
- While in flat, the price often crosses the MVP line, since it reflects price balance. Today's short-term Buy forecast aims to cross this line.
- Here is the crucial stop loss level to serve as a goal for our Buy trade idea.
Chart & Analyst Comments
