EURAUD - Potential buy re-entry 🔼

trendanalysis chartpattern euro aud australiandollar euraud forex currency

EURAUD rejected the ascending channel support and brokeout above the pullback trendline resistance as expected from my previous analysis.
The market retraced and it's testing the 0.618 fibonacci retracement level.
Breakout above the minor pullback resistance could be a bullish signal ⬆️.

trendanalysis
chartpattern
euro
aud
australiandollar
euraud
forex
currency

Related Ideas

about EURAUD

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.