Euro / Dolar AustraliaSingkat
Long Term Downtrend Channel
Comparing EURUSD to EURAUD, the latter has a totally different irregularity than the former.
Since EUR started to be traded against AUD, the price was in a elongated pentahedron consolidation until Aug 2008 in which it took a 4-5 month buying frenzy which then developed into a long term downtrend channel as shown in the red.
The price will continue to plunge, however, it can either follow the path 1 or 2 which remains to be develop in time to come
P.S. There is a sub-price possibility of the price break out of the downtrend resistance.
Long live shorties!!
Since EUR started to be traded against AUD, the price was in a elongated pentahedron consolidation until Aug 2008 in which it took a 4-5 month buying frenzy which then developed into a long term downtrend channel as shown in the red.
The price will continue to plunge, however, it can either follow the path 1 or 2 which remains to be develop in time to come
P.S. There is a sub-price possibility of the price break out of the downtrend resistance.
Long live shorties!!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.