Pair is moving in an upward channel towards a major resistance level. If it holds, the pair will make a sharp turn downwards.
Also, the RSI indicator shows the pair is overbought and a imminent divergence.
A breakout from the channel is likely.
EURAUD
Also, the RSI indicator shows the pair is overbought and a imminent divergence.
A breakout from the channel is likely.
EURAUD
Trade closed: target reached