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EURAUD

Euro / Dollaro australiano (FX:EURAUD)  
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FX:EURAUD   Euro / Dollaro australiano
Trend Analysis Chart Patterns Technical Indicators EURAUD euraudlong Falling Wedge bullishpattern Divergence beyondtechnicalanalysis JTS
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trendanalysis chartpattern indicator euraud euraudlong fallingwedge bullishpattern divergence beyondtechnicalanalysis jts
EURAUD is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.6520 followed by 1.6800.
What you guys think of this idea?
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