EURAUD APRIL 2024 WEEK 1 OUTLOOK -
Daily - looks short. tight range all last week. still is in tight range here right now. **1.66081** was a key level last week. price could not sustain above it all of last week. so if we are to continue in trend, I will need price to hold above **1.66081** first.
Origin - Here price has already tagged S1. but even if I think price is going up, I cannot enter until price clears the daily level. if I do get a A grade long on my trigger chart this week, I will look to close quickly as we have major levels to clear before long bias can be cemented.
COT says long.