A double-top can be spotted on the Daily timeframe of EurAud.
The Euro plunged against the Aussie when the neckline of this double-top was broken in the mid of May.
Price is retracing higher in recent weeks and it is trading at the key resistance now.
I will be looking to sell the EurAud when it shows sign of weakness.
Stay tuned!
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
The Euro plunged against the Aussie when the neckline of this double-top was broken in the mid of May.
Price is retracing higher in recent weeks and it is trading at the key resistance now.
I will be looking to sell the EurAud when it shows sign of weakness.
Stay tuned!
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
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.
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.