See daily chart of EURAUD below for the discussion that follows.
Looks like EURAUD is on its way to test an area of support. I will look for bullish price action / candlesticks (as per my strategy) in this area as confirmation of this support before I will consider buying.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.