On the 4hr chart EURAUD has made a confirmed H&S formation.
A defined sloped neckline is apparent. Price has broken and now recently retested this neckline.
Look for further downside , to the underlying support at 1.6100.
A defined sloped neckline is apparent. Price has broken and now recently retested this neckline.
Look for further downside , to the underlying support at 1.6100.
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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.