RLinda

EURAUD ! False breakout of strong resistance

Short
FX:EURAUD   Euro / Dollar Australien
EURAUD is forming a sideways range between 1.48 and 1.456. After returning to the lower range, the instrument forms a distributive movement until resistance, I don’t think that there is energy left to continue moving up

We see a false breakout and we need to wait for the level to consolidate for the price to fall.

I guess
that EURAUD may fall after a false breakout. The trend is down and therefore the pressure from above is higher, the key mark for the target is the lower limit of the range - support 1.456

Sincerely, R. Linda!

🌹TRADING is a CASINO💔!?

NO‼️

You❗️CAN and ❗️SHOULD make money in trading!

Join me, I'll guide you to PROFITABLE TRADING💵!

🟢Free Telegram Channel:
t.me/RLindaTrade

🔴Contact:
t.me/RLindaSignals

🧿Web: rlinda.com
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.