EURAUD Market Outlook | Alchemy FX Daily Telegram Breakdown.
EURAUD
As previously mentioned we have a head and shoulders pattern on the daily time frame. Price looks to be breaking out to the downside but it could be a fake out and is still too early. I am going to wait patiently for this set up to develop some more although it does look like a good short.
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As previously mentioned we have a head and shoulders pattern on the daily time frame. Price looks to be breaking out to the downside but it could be a fake out and is still too early. I am going to wait patiently for this set up to develop some more although it does look like a good short.
To see our full market break down join our Forex Telegram Channel link in my bio!
