AgentSmith

Ozzie to remain strong into FOMC?

FX:EURAUD   Euro / Australian Dollar
2
Selling pressure off the double top has just broken support in the 1.4430 area. Some downside still on the cards with the best r/R a sell order off the aforementioned support now turned resistance. Look to cover in the 1.40 - 1.41 area where I am very bullish on a strong move up to major long term resistance at the 1.5420 area.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.