Mihai_Iacob

EurAud facing important resistance

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Mihai_Iacob Atualizado   
FX:EURAUD   Euro / Dólar Australiano
After reaching my 1.52 target, EurAud continued its ascent and now is very near an important resistance.
Although now the long-term trend is changed and is clearly up, a correction from this level can follow.
The target for such correction is the old 1.52 zone resistance
Comentário:
EurAud reversed from resistance as predicted. As long as yesterday's high is in place, sell rallies is a good strategy.
1.52 support could be bears target

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