Along with the mode analysis written on the chart EURAUD is in a bullish flag formation after retreating upward from it's 6 months low.
The pair also has potential to form hidden divergence on the 4H RSI (White lines). If the pair returns to the mode on the first day of trading this coming week, the hidden divergence will be fully formed and the mode touched for a 12 time.
The range for the current mode could expand as well giving a larger target than we currently have.
The pair also has potential to form hidden divergence on the 4H RSI (White lines). If the pair returns to the mode on the first day of trading this coming week, the hidden divergence will be fully formed and the mode touched for a 12 time.
The range for the current mode could expand as well giving a larger target than we currently have.