KeytoMarkets

EURAUD: Trendlines in focus

Short
FX:EURAUD   Euro / Australian Dollar
This morning the cross fails to breach the March high 1.6190, Asian session high was 1.6169. Looking at the more top time frames between 1.6190-1.6250 the cross will face immense selling pressure. The 100.0fe is pointing to 1.6190 coincides with the March high.

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.