#EURAUD, Continues to be powerfulIn principle, this signal could be sent first at 1.65, even now it remains a good time.
The euraud broke serious resistance in 1.6343 as can be seen in the graph above.
The euraud in a very positive trend
The candles located above the cloud and all other signs of the Ichimoku indicate continued ascents.
Target: 1.6850.
Euraudforecast
EURAUD DThe pair is gaining strength but we can see the possible formation of H&S pattern at the resistance area of 1.625. I will keep this pair on my watchlist.
The way I am intending to trade this is wait for the price to reach that area of resistance and look for bearish candlestick formation and/or confirmation from RSI/MACD.