Many EUR pairs are in long term downtrends but the smaller time frames are messy. Here are two we like for tonight.
EUR/AUD – set sell alarm at 1.2830, below here would be a new historical low with no support
EUR/CAD – set sell alarm at 1.3280, no nearby support below here.
When the alarms hit verify any sell entries with The Forex Heatmap ™ and look for EUR weakness or cross currency strength or both.
Good Trading
Mark Mc Donnell
www.forexearlywarning.com
EUR/AUD – set sell alarm at 1.2830, below here would be a new historical low with no support
EUR/CAD – set sell alarm at 1.3280, no nearby support below here.
When the alarms hit verify any sell entries with The Forex Heatmap ™ and look for EUR weakness or cross currency strength or both.
Good Trading
Mark Mc Donnell
www.forexearlywarning.com