EURAUD: Your Trading Plan For Next Week Explained

516
EURAUD is currently in a long-term uptrend on the daily chart.
At the beginning of the year, the price created a large ascending triangle pattern, which is a common bullish formation.

A significant bullish signal would be a breakout above the resistance line, which acts as the neckline of the pattern.

Confirmation of buyer strength and a continuation of the bullish trend would come with a 4-hour candle closing above this level. The next target for the price would be 1.6761.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.