EURAUD - Break out from Trendline Signals Trend Reversal
Updated
EURAUD has broken out of both short term and relatively long term trendline after forming divergence on Awesome Oscillator. Break out also happens to have taken place after high volume bars. All this leads us to believe that trend reversal has taken place.
Note
We have seem a good bounce from our marked support zone. Lets see if its sustainable.Trade closed: target reached
Target achieved
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