ImanJani

EURAUD Head and Shoulder Pattern

Short
FX:EURAUD   Euro / Australian Dollar
Not much to add here

Simple Head and Shoulder pattern on EURAUD chart in a daily time frame.

In addition , The RSI level over Head area is less than left shoulder and it also another sign of change in this trend

hopefully it'll break the resistant line (1.4240) next week and expected to go down to 1.40 or less

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.