DislikedJust watching EURAUD, its been tapping demand/support zone following news. Was hoping for a nice bounce to confirm uptrend, however if that (blue) demand zone is liquidated then confirms the resumption of the downtrend I guess, buts it looking oversold on H1 chart. Think phx62 choose a good pair to trade as it has a nice order flow about it (some pairs look like car crashes) and candles and a decent range. {image}Ignored
As far as the uptrend goes, 200 Day EMA is a good gauge for trend shifts - right now it's attempting to break it, we'll know by day end what happens. That being said, it's good to monitor EA for an eventual rally...