EURAUD possible short rejection at weekly trendline
Here we can see heavy rejection at the major weekly trendline.
- RSI divergence can be seen with formation of a possible LOWER HIGH
- Bounce from trendline resistance also aligning with key fib level
- Short on break and retest CTL
- Price is currently ranging within triangle
- RSI divergence can be seen with formation of a possible LOWER HIGH
- Bounce from trendline resistance also aligning with key fib level
- Short on break and retest CTL
- Price is currently ranging within triangle
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