EURAUD to go higher?
This might be an early call. However the signs that this pair is going higher are:
This might be an early call. However the signs that this pair is going higher are:
- It seems that there is a double bottom at support.
- Double bottom also shown a bullish divergence from indicator.
- Potentially the pair is in the process of creating an inverted head and shoulder. Not the usual straight forward inverted head and shoulder but it is a bullish sign nonetheless.
- Price created a key reversal yesterday and possible will continue higher.
- A bit of pullback from yesterday provides a good entry possibly for the pair to move towards 1.63.
Dagangan ditutup: sasaran tercapai:
TP hit. Stand aside for now.