Symmetrical Triangle Confines EURAUD Moves

Discussion in 'Technical Analysis' started by Kaitlin, Dec 22, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Following its failure to surpass four month old descending trend-line resistance, the EURAUD kept following the symmetrical triangle formation with 1.5215-20 restricting the pair's upside while 1.5070-65 acts as immediate support. Should the pair again fails to break the mentioned trend-line resistance, presently around 1.5215-20, the corrective moves can drag[​IMG]

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