EUR/AUD - DROP AFTER A FALSE BREAKOUT
EURAUDLast week I wrote an article saying I am looking for a short opportunity just before the rate broke to the upside.
It seems though it was a false breakout as it has dropped quite sharply breaking the two-month-long uptrend and is now testing the old resistance/new support area at 1.4885. I will be looking for a move higher now to the former broken rising trendline around 1.5050 for the rate to form a head and shoulders pattern, however, I will also consider entering smaller short position on the strong break of the current support.
- See more at: tradeitsimple.com/2017/06/euraud-drop-after-false-breakout.html
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.