EURAUD
As per the daily graph, you can see the following:
- The pair is currently trading within an ascending trendline and we saw a rejection and an impulse to the downside when it reached the resistance area.
- RFI indicates on the daily and weekly chart that this pair is overbought.
- Let's wait for an impulse to the downside resulting in a breakthrough of the ascending trendline, then a retest and rejection of the trendline.
An update to follow once this trade is confirmed.
Please like and follow if you enjoyed my analysis. Thanks
- The pair is currently trading within an ascending trendline and we saw a rejection and an impulse to the downside when it reached the resistance area.
- RFI indicates on the daily and weekly chart that this pair is overbought.
- Let's wait for an impulse to the downside resulting in a breakthrough of the ascending trendline, then a retest and rejection of the trendline.
An update to follow once this trade is confirmed.
Please like and follow if you enjoyed my analysis. Thanks
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.
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.