SwissTradingSchool

EURAUD, Euro - Australian Dollar: Potential rectangle breakout

FX:EURAUD   Euro / Australian Dollar
EURAUD
Very interesting phase on one of the most important forex cross, in which for six years now we are in a range that has tested the resistance and support several times.
If a breakout happens in the next few days we'll be ready to enter long otherwise we'll wait for new developments, and possibly a reversal pattern inside the big rectangle.
Good Trading to All!

fb.me/theswisstradingschool
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.