EURAUD Fundamental Analysis – June 5th 2019

Technical & Fundamental analysis

Is a Global Interest Rate Cut Cycle Imminent? Should price action for the EURAUD remain inside the or breakdown below the 1.6065 to 1.6160 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ 1.6100 Take Profit Zone: 1.5900 – 1.5960 Stop Loss Level: 1.6185 Should price action for the EURAUD breakout above 1.6160the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1.6175 Take Profit Zone: 1.5800 – 1.5895 Stop Loss Level: 1.6100 Read more Click here to deposit funds and start trading Deposit funds IF YOU WANT TO BE THE FIRST TO GET OUR FORECASTS  JOIN OUR TELEGRAM CHANNEL: PaxForex Telegram channel ‌ ‌ ‌ ‌ ‌ Risk Warning: Forex and CFD trading carry a high degree of risk. As such they may not be suitable for all investors. Investors should ensure they fully understand the risks associated with CFD trading before deciding to trade. Investors may choose to seek independent advice and should not risk more than they are prepared to lose.

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