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Euro / Australian Dollar
Short

EURAUD: Classic Pullback Trade From Resistance 🇪🇺 🇦🇺

308
snapshot

EURAUD looks quite oversold after a test of a wide, key daily resistance.

We see a double top formation after its test and a local sign of strength of
the sellers with the violation of its horizontal neckline.

The price may drop to 1.6267 level.

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Double Top or BottomForexforexdaytradingsignalsfxsignalsMultiple Time Frame AnalysissignalstradingsignalsTrend Lines
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

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Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.