EURUSD made a lower high yesterday and we now see a test of 1.0700 again.
We continue to watch for a breakout and exhaustion of the move.
While we wait for clear opportunities in the major pairs we are trading EURAUD where we are seeing a pullback from the support zone.
(We shared about this movement in yesterday's email.)
If the EURUSD continues to hold at these levels and the decline remains smaller than that of the AUDUSD, this will help the rise in the EURAUD.
We continue to watch for a breakout and exhaustion of the move.
While we wait for clear opportunities in the major pairs we are trading EURAUD where we are seeing a pullback from the support zone.
(We shared about this movement in yesterday's email.)
If the EURUSD continues to hold at these levels and the decline remains smaller than that of the AUDUSD, this will help the rise in the EURAUD.
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
