EUR/AUD 4H Chart: Channel Down

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 26, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/TRY 4H Chart: Falling Wedge Comment: USD/TRY has recently pierced through the rising support line and confirmed it, which is a strong ‘sell’ signal. Nevertheless, there is still a possibility of a rally next week. The currency pair has formed a falling wedge, meaning that demand is building up. The upside, however, is limited. In case of a close above 2.9350, the first target will be a combination of the weekly PP and Feb 24 high at 2.9527. From there the price might launch an attack on

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