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EURAUD (H4) - Head And Shoulders pattern expectations

OANDA:EURAUD   Euro / Australian Dollar
  • This pair has risen from the bottom of RSI Divergence (1.53936)

  • The pair is in the resistance zone of 1.54673-1.54789.

  • We expect the growth up to the zone of 1.55932-1.56165
    before declining back to 1.54673-1.54789.

  • And finally complete the Head And Shoulders model
    with a strong increase in the area of 1.57068

  • Note: This is an expectation analysis, not a recommendation!
    Especially with so much news at that moment,
    need to pay attention to the problem of Stop Loss


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