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Euro/Australian dollar trading signal - EURAUD

Forex market price signals and analysis

Good morning Traders,

With the close of February 7,  Lift-Off confirms a SHORT trading signal on EURAUD.

The shape signal in congestion after the price rise in the past weeks, but the signal is confirmed ance by the new ForexForce indicator which shows us a weakness of Euro against the Australian dollar in the last days (with the histograms below the 0 line) and the possibility of going down in the last weeks highlighting the red background.

Below EURAUD chart - with signal detected by Lift-Off

Signal Chart of February 8, 2023

SHORT - EURAUD

Input price: 1.5413 (current market price and valid any price that is not too far away)

Important: 

Please note that the chosen signal has been identified from those detected by the Lift-Off indicator, which you can view in the "Signals" section of our website. However, we will NOT provide any guidance on how to handle the trade.
We recommend that you handle the trades as shown during our professional courses on using the platform, available at the following link: https://it.largetrader.com/eventi