Euro / Australian Dollar
Short

EA long term short

204
EA is in the range for a long term short. Today it reached a new high (over 1.7060) for an uptrend that started in 2017. It could easily continue higher, There's no established top as yet, but the cap is probably between the 50% and 5/8 levels of the current longer term active range (2.11—1.16). The 5/8 line will serve as a daily close SL and is around 1.7550. snapshot

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.