EURAUD Weekly update 05.09-09.09
The market surprised me last week and continued upwards, making bigger correction to clear the liquidity from the last low.
This pair is still on down trend, made big correction and in my opinion should go down at least to clear the liquidity from the double bottom.
Fundamentally - Gas crisis for Europa, especially Germany is getting worst. Russia stop the pipeline again. The news says that Germany has gas, but the true is - there is no gas and the people are worried about the upcoming winter.
This pair is still on down trend, made big correction and in my opinion should go down at least to clear the liquidity from the double bottom.
Fundamentally - Gas crisis for Europa, especially Germany is getting worst. Russia stop the pipeline again. The news says that Germany has gas, but the true is - there is no gas and the people are worried about the upcoming winter.
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