EURAUD complex structure, high chance for bearish push and break
EURAUD analysis, complex structure which i love to see, price is break trend lines, its in ASCENDING CHANNEL, bouncing and on line of BEARISH FLAG pattern, currently moving in zone, AUD with many having strong bullish expectations for next periods.Here having strong bearish expectations after long time of bullish push.
SUP zone: 1.67200
RES zone: 1.64900, 1.64200, 1.63200
Trade active
Trade closed: target reached
RES1 is reached +120PIPS, here for next periods still strong bearish expectations havingNote
We are have strong new bearish push, still continuation to expectNote
And RES2 is reached 200PIPS
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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.