Euro / Australian Dollar
Long
Updated

Long EURAUD or EURNZD now and Hold!

389
bounced from daily order block and support, vwap below (drawn from 02 oct 2024 swing low) for further support.

Multiple wicks to retest the support failed to break it down

Trump reelection profit taking to benefit EUR.

Asian proxies like AUD and NZD has ran up yesterday, today profit takers and reassessment of risk will tank them.

Trump reelection trade war effect on asian proxies like AUD, NZD, Japan and China has yet to be realized.

Plenty of usd risk events this week has been finalized and EUR are getting some benefit today

etc

What do you think?
Note
Idea start price and current price 53 pips
snapshot
Trade closed: target reached
1.62730

volatility died for end of friday, hold partial for potential runners

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