CapMoore

Last Resort Support

FX:EURAUD   Euro / Dollar Australia
6
Price has traded the "final support" which is the slightly
descending neckline (not the one connecting previous
highs which is straight). However, some additional
support may come by the 2 nd quartile from the
ascending Pitchfork, which has worked as support
before (arrow). Thus, to take a break out trade right
from this level has additional risk. Also, as long as
price trades within the ascending pitchfork, trend holds
bullish, yet with a bearish bias in the lower half.
Pernyataan Penyangkalan

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