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velmunis
20 de Abr de 2021 05:53

Series of Rising wedge patterns-Run towards south Viés de baixa

Euro Fx/Australian DollarFXCM

Descrição

EURAUD
The recent downtrend will further accelerates the selling in this pair.Rising wedge pattern will give us good risk
reward ratio.Rejection around 1.57000 and support around 1.52500
Breakdown of the minor rising channel will be a good signal to sell this pair.Primary target would be 1.52500
*Price-below price action level
*Price around point of control
*Price around 03 EMA(50,100,200)
*Fundamental support-AUD
*Rising COVID cases-Negative impact in this pair

Disclaimer!
This chart represents the future expected move only-Not a financial advice

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