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EURAUD It is all downhill from here
歐元/澳元
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EURAUD It is all downhill from here
由ChrisSmithf0提供
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2022年7月8日
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2022年7月8日
The EURO is getting hit from pillar to post. Price movement favors the downside.
Look back and you will see what may occur again.
1.
Consolidation
- Past = 72 bars
- Present = 64 bars
2.
Trendline break
- Past = 10 bars and 500 pips
- Present = 4 bars and 480 pips.
3.
Support break
- Past - at 153.50
- Present = 143.20
The consolidation and trendline break are roughly similar in duration and magnitude.
Choices I see are
1 Short now - on a break of 1.4800
2. Short later - at break of 1.4300
Chart Patterns
Technical Indicators
Trend Analysis
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