View RSS Feed

mql5

EUR/AUD Technical Analysis 2016, July: bearish breakdown with 1.4785 level to be tested

Rate this Entry
by , 07-04-2016 at 04:36 PM (948 Views)
      
   
Weekly price broke Ichimoku cloud for the bearish reversal: the price is testing 1.4785 support level to below for the bearish breakdown to be continuing with 1.4433 level as a nearest weekly bearish target.

Name:  euraud-w1-metaquotes-software-corp.png
Views: 103
Size:  20.7 KB

If W1 price breaks 1.5645 resistance level on close bar so the bullish reversal will be started.
If W1 price breaks 1.4785 support level on close bar so the bearish trend will be continuing.
If not so the price will be on ranging within the levels.

Submit "EUR/AUD Technical Analysis 2016, July: bearish breakdown with 1.4785 level to be tested" to Google Submit "EUR/AUD Technical Analysis 2016, July: bearish breakdown with 1.4785 level to be tested" to del.icio.us Submit "EUR/AUD Technical Analysis 2016, July: bearish breakdown with 1.4785 level to be tested" to Digg Submit "EUR/AUD Technical Analysis 2016, July: bearish breakdown with 1.4785 level to be tested" to reddit

Comments