Lingrid

Lingrid | EURAUD possible fake BREAKOUT of PREVIOUS week high

Short
FX:EURAUD   Euro / Australian Dollar
The price perfectly fulfills my last idea. It hit the target level. EURAUD rejected the resistance by forming a long-tailed bar. The market is moving sideways near the resistance zone. It does not show signs of bullish strength. It is worth noting that the price broke the previous week high. I think the market will take liquidity above the PWH and then roll back. I expect to fall from the resistance zone and retest the middle of the range zone. My goal is to support level 1.64575


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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