EURAUD: Important Resistance Ahead! Your Plan: 🇪🇺 🇦🇺
Updated
EURAUD is falling sharply.
Ahead is a major rising trend line on a daily.
To buy from that with a confirmation,
pay close attention to a falling wedge pattern on a 4H time frame.
First, let the price reach the trend line,
then wait for a bullish breakout of the resistance of the wedge as your confirmation.
Your initial target will be 1.582
In case of a bearish breakout of a trend line, a bearish continuation will be expected.
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Note
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