Friday, October 16, 2026

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EUR/AUD setup supports range trading, rather than a trending market

Opened +0.85% on disparate component position adjustment v/s USD Momentum studies base - 5, 10 & 20 dma's conflict - 20 day Bollinger's contract Setup supports range trading, rather than a trending market Initial support…

By Earlence Fernandes
1 min read
EUR/AUD setup supports range trading, rather than a trending market
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  • Opened +0.85% on disparate component position adjustment v/s USD

  • Momentum studies base - 5, 10 & 20 dma's conflict - 20 day Bollinger's contract

  • Setup supports range trading, rather than a trending market

  • Initial support/resistance are seen at 1.4089 and 1.4170 levels.

 

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