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Euro / Australian Dollar
Short
Updated

EURAUD DAILY

230
Price looks to have broke its trendline to the downside confirmed.. Moving averages are looking to cross to the downside, & we may see a strong move coming shortly, watching for a potential retest or flag pattern to form for potential shorts
Note
watch for a breakout of 4 hour support to prevent a "fakeout".
Note
snapshot 4 hour: price looks to be respecting the retest of the broken bear flag
Note
snapshot price is currently above support, watch for a break or bounce
Profound_Ambition
aussiedollarbreakoutEURAUDeurolowerlowretestSupply and DemandSupply ZoneSupport and ResistanceTrend Analysis

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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.
aussiedollarbreakoutEURAUDeurolowerlowretestSupply and DemandSupply ZoneSupport and ResistanceTrend Analysis
Profound_Ambition

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.