EUR/AUD seems to have broken it's bullish trend and now is deciding whether it can breakout it's support and fall further down.
We can also see there is Moving Average Convergence Divergence with the MACD with higher highs with the candlesticks and lower lows with the MACD.
I suggest to wait for the breakout, but this could very well be a good setup.
Always trade after your own analysis and money manage properly.
Happy trading!
We can also see there is Moving Average Convergence Divergence with the MACD with higher highs with the candlesticks and lower lows with the MACD.
I suggest to wait for the breakout, but this could very well be a good setup.
Always trade after your own analysis and money manage properly.
Happy trading!
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