EURAUD - Below Key Resistance Zone. Time to Sell? | Jun 12

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EURAUD – Major Resistance Zone Ahead. Selling Opportunity? (Daily Chart)

Price Action Context

LT we’re in a big range between 1.53 and 1.63. The lows are building over the last 2 round trips to the key resistance zone ~ 1.6250 and 1.6350. There is also the spike high from Dec. last year which goes up towards 1.67.

Trend Analysis

LT neutral while inside this large zone, ST bullish as …

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