EURAUD Long Term Bullish/short term bearish

6 ก.พ.

**Monthly chart**

The monthly chart is on an upward trend. Last month's candle closed bullish after testing the previous month's low (Dec 2023).

**Weekly Chart**

Last week candle closed as a bullish candle after it swiped liquidity from the low. However, the price is also making lower lows on weekly and it now creating a new swing that might retrace lower towards the monthly low. While it still didn’t break the upward structure on a weekly. Therefore, my bias is still bullish on EURAUD.

**Daily Chart**

The price is currently retracing of the high. This might give a good counter-trend trade with a small stop to test the monthly low levels before moving higher.

Will focus on these trading opportunities on lower time frames