A double-top can be spotted on the Daily timeframe of EurAud.
The Euro plunged against the Aussie when the neckline of this double-top was broken in the mid of May.
Price is retracing higher in recent weeks and it is trading at the key resistance now.
I will be looking to sell the EurAud when it shows sign of weakness.
Stay tuned!
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
The Euro plunged against the Aussie when the neckline of this double-top was broken in the mid of May.
Price is retracing higher in recent weeks and it is trading at the key resistance now.
I will be looking to sell the EurAud when it shows sign of weakness.
Stay tuned!
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **