CapMoore

Breaking Below Important 1,42 Support. Exposing 1,38

FX:EURAUD   Euro / Australian Dollar
0
Price is breaking below the important 1,42 level which was the
61,8 fib of the aug 2012/feb 2014 swing and multiple bottoms
horizontal support. Now exposing Yearly S1 at 1,38 right
at previous swing low from sep 2014, and just above that
level the long term trendline. The break should be regarded
on a day closing basis of course.
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.