EURAUD - white down, yellow up. Choose One
EURAUD is displaying a nice , classic Cup and Handle pattern with the right handle forming in process, imo. That means it should heads down temporarily. If the sell down is heavy, it would take the white path. Otherwise, it would be a short pull back, then breakout of the support zone and heads further up.
Note
first red arrow target hit, congrats to those who follow.
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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.