EURAUD ! False breakout of strong resistance
EURAUD is forming a sideways range between 1.48 and 1.456. After returning to the lower range, the instrument forms a distributive movement until resistance, I don’t think that there is energy left to continue moving up
We see a false breakout and we need to wait for the level to consolidate for the price to fall.
I guess
that EURAUD may fall after a false breakout. The trend is down and therefore the pressure from above is higher, the key mark for the target is the lower limit of the range - support 1.456
Sincerely, R. Linda!
We see a false breakout and we need to wait for the level to consolidate for the price to fall.
I guess
that EURAUD may fall after a false breakout. The trend is down and therefore the pressure from above is higher, the key mark for the target is the lower limit of the range - support 1.456
Sincerely, R. Linda!
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NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
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🔴Contact:
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🧿Web: rlinda.com
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