EURAUD – Trading in a ST range
The EURAUD is trading in a short term range in between 1.4242 and 1.4052 (190 pip range):
As you already know, when the market is ranging we need to adapt our strategy to trade in such market conditions.
I’ll be looking for long opportunities around the bottom of the range (1.4052) and short opportunities around the top of the range (1.4242).
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