EURAUD Moves with No Clear Indication

17 במרץ 2019

No clear indication of price action, nor direction for EURAUD on H4 time frame. Brexit and US-China clearly leave scars to the pair. On Daily, the pair is moving in a wide range between 1.3700 and 1.6300. Staying clear until further direction is presented. A bearish bias could develop if US proceeds with Auto Tariff, but negative sentiment in the equity market could also weaken AUD.