Euro / Australian DollarUpdated EURAUD CORRECTIVE STRUCTURE
EURAUD is making a 240 corrective structure. Currently it is in an up trend and it broke the lower degree structure but be careful at this point. It may come back for one more down. We have divergence. if it makes a flag outside the trend then look for more upside otherwise wait for a breakout of up trend and flag for sells.. This may start making a bigger structure let it confirm first.. Keep an eye on it
Thanks
Keep following and support
Thanks
Keep following and support
Note
Note
Pretty similar on EURCAD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.