EURAUD is the forex ticker that shows the value of the Euro against the Australian Dollar; telling financial engineers and traders how many EUR are needed to buy one Australian Dollar.
Our Global Algorithmic Trading Software (GATS) System#6 indicates the following for EURAUD as at March 8,2022:
The EURAUD Long Term Trend (LTT) is currently Bearish
The EURAUD Medium Term Trend (MTT) is currently Bearish
The EURAUD Short Term Trend (STT) is currently Bearish
The EURAUD Micro Trend (MT) is currently Bearish
We are Bearish on EURAUD with potential trade entry signal as follows:
Current Price for EURAUD:1.49461
Global Entry Signal for EURAUD : Sell 1.27 lot at 1.49248
Global Trailing Stop Distance for EURAUD: 1.64978
Global Target Profit for EURAUD: 1.01071
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