EUR/AUD was in a trending market printing higher highs and higher lows. However, bearish divergence was recorded on RSI and bullish trend seems to be losing steam. Currently, .382 Fib level supporting price.
Is break of support trend going to play out? Will be looking to short only AFTER formation of lower low and lower high!
Is break of support trend going to play out? Will be looking to short only AFTER formation of lower low and lower high!
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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.