Finchcliffe

EURAUD: Expecting a bounce down from channel boundary

Short
Finchcliffe Mis à jour   
OANDA:EURAUD   Euro / Dollar Australien
Expecting strength from the Aussie this week, even though the RBA hiked, I think the Aussie was negatively affected by the fall in commodities rates in the past week.

I see no strength in the Euro and I think Friday's candle suggests that this pair may not break back into my ascending channel, this could form a double top too.

Tuesday EUR GDP data - could be indicating recession...

Expecting a fall.
Commentaire:
So far so good
Trade fermée manuellement
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