Lingrid | EURAUD new EXTENSION. Short from the RESISTANCE
1390
The price perfectly fulfilled my last idea. EURAUD fell from resistance and hit the target. The market broke through the support level, making a new extension downward. The price updated its lower lows and closed below support level 1.64000. The market is rolling back to the resistance zone. The price is pulling back to a level that was tested multiple times before. I expect the price to fall from the resistance level because the market has bearish momentum. My goal is a support level of around 1.62200
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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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.