[quote=Patience;3456986]If risk aversion stays away, I'm gonna go with more upside. Daily chart isn't looking very bearish to me at the moment although we have done just over 300 pips this week. Are you still in your long term short trades?
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I agree with you, there is no point to short this pair right now, buying dip is better, or just short side scalping at R points, IMO E/U is a better choice if someone like to buy USD, the difference is obvious -in E/U the crowd are net short in A/U they are net long, so we see impulsive wave down in E/U and impulsive wave up in A/U
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I agree with you, there is no point to short this pair right now, buying dip is better, or just short side scalping at R points, IMO E/U is a better choice if someone like to buy USD, the difference is obvious -in E/U the crowd are net short in A/U they are net long, so we see impulsive wave down in E/U and impulsive wave up in A/U