EURAUD SELL @1.594 SL 1.6214 TP 1.54
AFTER PRICE BROKE AN ALMOST 4 YO CHANNEL(WHICH HAS A COVID DISCREPANCY) IT HAS BEEN REJECTED BY A SUPPORT MULTIPLE TIMES, CREATING WHAT SEEMS TO BE A SHS , THERE IS A RSI DIVERGENCE BUT PRICE ISNT OVERSOLD YET, I'M EXPECTING THE PRICE TO DROPE TO 1.55 AS LONG IT DOESN'T CROSS TREND LINE COMING FROM 8 YEARS AGO. THE 1D APPROACH CAN BE SEEN BELOW.
AFTER PRICE BROKE AN ALMOST 4 YO CHANNEL(WHICH HAS A COVID DISCREPANCY) IT HAS BEEN REJECTED BY A SUPPORT MULTIPLE TIMES, CREATING WHAT SEEMS TO BE A SHS , THERE IS A RSI DIVERGENCE BUT PRICE ISNT OVERSOLD YET, I'M EXPECTING THE PRICE TO DROPE TO 1.55 AS LONG IT DOESN'T CROSS TREND LINE COMING FROM 8 YEARS AGO. THE 1D APPROACH CAN BE SEEN BELOW.