Medium term analysis EURAUD
Hi everyone
I hope you are well
As we showed in the previous analysis, we have a resistance area with a long-term trend line that resists price growth strongly and, like previous times, pushed the price down. If the price breaks the trend line and stabilizes below the line, it will continue the downward trend. We have listed all the possible situations that may occur for you.
But if the price goes below the trend line, we will probably see a rise in price.
📣 Attention 📣
⚠️ 1. We publish this trading idea to help analysts, so if you have an idea that you think is right, do not be influenced by this idea.
⚠️ 2. All our analysis and signals are provided free of charge, so we have no obligation to make any profit or loss on our signals and analysis.
⚠️ 3. If you have an idea, write to us in the comments section, we will be happy to use your idea in our analysis.
I hope you are well
As we showed in the previous analysis, we have a resistance area with a long-term trend line that resists price growth strongly and, like previous times, pushed the price down. If the price breaks the trend line and stabilizes below the line, it will continue the downward trend. We have listed all the possible situations that may occur for you.
But if the price goes below the trend line, we will probably see a rise in price.
📣 Attention 📣
⚠️ 1. We publish this trading idea to help analysts, so if you have an idea that you think is right, do not be influenced by this idea.
⚠️ 2. All our analysis and signals are provided free of charge, so we have no obligation to make any profit or loss on our signals and analysis.
⚠️ 3. If you have an idea, write to us in the comments section, we will be happy to use your idea in our analysis.
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