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DavidBelleFX
16 Sep 2015 pukul 10.12

EURAUD Wedge breakout. 

EURO / AUSTRALIAN DOLLARICE

Huraian

Currently the AUD is experiencing some strength across the majority of the AUD crosses.

Here we can see that a possible breakout has occurred and it looks like a retest of the lower trend line will happen after coming off of the H4 order block. Possible play to the downside available with the large bullish move off of the double bottom back in mid-late August has left a large inefficiency in the pair.

Form your own opinions.

Not to be interpreted as investment advice.
Lebih