EURAUD breaking below support
Updated
Not quite confirmed yet, it can bounce from either the support or the downtrend line. This is part of a downtrend and can be a major leg down. Put in a sell stop at around 1.4525.
Can also be seen as a Head and Shoulders with neckline right at this point.
Can also be seen as a Head and Shoulders with neckline right at this point.
Trade closed: target reached
Trade closed, but considering rejoining at pullback.
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.