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EURAUD 60 Minute Chart Analysis

Monday, October 31, 2016 19:49
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(Before It's News)

Screen Shot 2016-11-01 at 07.11.25

Hello traders and good to be back with you on the 1st day of November of a new month. So the big issue is U.S. elections next week as we will have an interesting week for the markets. Today we are looking at the EURAUD 60 minute chart, I have to say this pair has been at resistance and made a nice move. Traders we can see this is in a range and looking for a break to the downside to stay with the trend. OK so the trade plan for today is to see if price will give us a bump up and I would like to enter the sell trade in the price zone of 1.4417. I am looking to take profit at the support zone at the price of the 200 EMA at 1.4285.

Thank You Traders……..William

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