ForexTrendline

Reversing the trend?

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FX_IDC:EURAUD   Euro / Dólar Australiano
We are in the most important week of the year. Through it, we have chosen to consider the possibility of reversing the H1 trend of EURAUD.

The price has already broken the downward channel and is currently making the second bottom higher. To talk about reversal, however, we must see a break of the previous peak 1.6679.
If this happens, we expect the price to reach 1.6802 and 1.6912

All entries before we have a break of the previous peak are risky and should be limited to 1.6515!

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