Get started
Currency_World_Forex

Breaking the trendline or move above it

Euro / Australian Dollar (FX:EURAUD)  
Currency_World_Forex Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis treandline breakout
2
0
trendanalysis chartpattern beyondta treandline breakout
After approaching level 1.53000 , price starts to forming lower highs and now it's struggling to break the trendline , in this situation , we can only consider positions after a trustworthy confirmation.
Comment:
The price has continued to move towards the upward trend line of around 400 pip.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.