Seems that the pair has completed a 5-leg move and is ready to take a move to the downside from here. Heavy Divergece on MACD and Momentum present
Trade active
Pair about to brake trendline on 5 min chartNote
Trend line rejected once again, caution needed.Note
Price Still climbing higherNote
On a side note - the pairs EURNZD and EURAUD seem to be in lock step with each otherNote
Clear break of structure and a large move to the downside. Let`s see what where this will head :)Note
Pair still hanging up there, even after small breakout
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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.