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EurAud : 12/12/2017 Technical Analysis Report

13th December 2017 CFX Admin

Our Preference: Sell Below 1.5660 for the target of  1.5450 level

Alternative Scenario: Nill

Technical Commentary: In 4 Hour Chart :- EurAud was trading in the sideways movement between key resistance and key support levels and it was trading in the triangle pattern and its failure to break the resistance highs and we got closing below on lower side, so we can sell below the key resistance level of upper trend line and except upto next lower trend line :- which we have shown in attached image.    


In 4 Hour Chart :- EurAud was trading in the sideways movement between key resistance and key support levels and it was trading in the triangle pattern and its failure to break the resistance highs and we got closing below on lower side, so we can sell below the key resistance level of upper trend line and except upto next lower trend line :- which we have shown in attached image



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