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EUR/AUD Signal - EUR Sentix Investor Confidence - 8 Nov 2021

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Signal Details
Entry Price: 
1.5608
Take Profit: 
1.55050
Stop Loss: 
1.5670
Direction: 
Sell
How we trade
Average: 5 (1 vote)

EURAUD is trading to the downside today prior to the EUR Sentix Investor Confidence data, which is a monthly survey which shows the market opinion about the current economic situation and the expectations for the next semester. Technically the pair is showing clear RSI Divergence, and price has broken and retested the resistance trendline.

Submitted by Toni H. on Mon, 08 Nov 2021 06:03:39 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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