Non-indicator analysis of currency pairs as of 9.08.2023

Hello. Below are some recommendations for trading in the Forex market on 08/09/2023


For EURAUD updated the previous high and formed a Pin- bar. Perhaps we will start a downward correction, into the «discount» prices below 50%. Just below it are the remarkable flat lows of 1.6232 and FVG. But the first target I would see is the reaction to the 1.6600 level. Confuses a large number of sellers in the transaction statistics, so we can not go into a deep correction below 1.6600.

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