EURAUD beginning uptrend?
EURAUD had a downtrend which reached a big support/flip zone at the 1.5900 zone.
From here, we began to bottom, almost ranging and created what could be considered a triple bottom.
We had a nice push above the near term resistance/flip zone with a nice strong green candle. After the break, we did not gain momentum.
However, the recent close broke above these 4 hour candles and indicated our first higher low in what could be a new trend.
From here, we began to bottom, almost ranging and created what could be considered a triple bottom.
We had a nice push above the near term resistance/flip zone with a nice strong green candle. After the break, we did not gain momentum.
However, the recent close broke above these 4 hour candles and indicated our first higher low in what could be a new trend.
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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.