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EURAUD - Ascending triangle

Euro / Dollar Australia (FX:EURAUD)  
InsideMarket  
FX:EURAUD   Euro / Dollar Australia
EURAUD euro aussie Elliott Wave insidemarket waves analysis Weekly Charts Daily Charts 4h 240min
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euraud euro aussie elliottwaves insidemarket waves analysis weekly daily 4h 240min
This pattern usually takes place in an impulse. Price faces horizontal resistance with higher lows. I have observed that most of time it breaks in favor of the current direction. Maybe for some other reasons it can be a reversal at least for some correction before price resume the previous impulse.

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