EUR/AUD is in an ascending channel formation.
The pair has formed a morning star pattern now.
Further the area confluences with a critical price action level.
Hence we expect the pair to move to resistive trendline from here.
The pair has formed a morning star pattern now.
Further the area confluences with a critical price action level.
Hence we expect the pair to move to resistive trendline from here.
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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.