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CAPITAL_Trading

EURAUD on the floor.

Euro / Avustralya Doları (FX:EURAUD)  
CAPITAL_Trading Güncellendi   
FX:EURAUD   Euro / Avustralya Doları
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Hello traders,

EURAUD pair is currently sitting at support level with a descending triangle formation. We will be looking into the price action and see if resistance trendline is broken to go long, or if the support is broken to short the pair.

Happy trading!
Yorum:
If you are wondering why is short target set where it is and where is this trendline coming from, here's broader view :

snapshot
Yorum:
We broke the support, and now we're retesting it. EUR is strong today due to the news that they will put in motion EUR750bn plan aimd Covid-19 recovery. Strong EUR today is providing us with a retest we needed to short the pair.

snapshot
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.