jangseohee

EURAUD, aiming 1.5000 and beyond?

FX:EURAUD   Euro Fx/Australian Dollar
902 0 1
The 1.48000 long term resistance was challenged, hit and bounce back many times for the past week, and finally conceited defeat by the bulls.
Using current accelerated channel, i anticipate a high ~1.50200 which coincide with blue channel top resistance, retrace and then make another higher high. By then please check potential bearish divergence.
Auzy dollar are hated much more compare to EUR in this case.
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