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FX.co ★ EUR/AUD breaking out of major ascending trend line support, prepare to sell!

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Forex Analysis

2019-01-09T15:12:12
iconLong-term review

EUR/AUD breaking out of major ascending trend line support, prepare to sell!

EUR/AUD has broken the major trend line support and we look to sell at 1.6065 (horizontal overlap resistance) for a reversal to at least 1.5875 profit target (horizontal pullback support).

EUR/AUD breaking out of major ascending trend line support, prepare to sell!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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