Daily Price Action

Price Action Setups – EURAUD and AUDNZD


From yesterday’s post I mentioned that the EURAUD may make a move to retest the 1.484 level in the coming days. Today we saw a decent move higher toward that level. We’ll have to watch to see if we get a price action setup at that level, should price make it there in the coming days.

price action setup on euraud chart

The AUDNZD formed a pin bar today, however it’s important to keep in mind that this pin bar isn’t at a key level. So although it may be a sign of things to come, it’s not a valid trade setup.

audnzd chart price action setup

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