Pair is moving in an upward channel towards a major resistance level. If it holds, the pair will make a sharp turn downwards.
Also, the RSI indicator shows the pair is overbought and a imminent divergence.
A breakout from the channel is likely.
EURAUD
Also, the RSI indicator shows the pair is overbought and a imminent divergence.
A breakout from the channel is likely.
EURAUDTrade closed: target reached
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.
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.