EURAUD - 240 - Breaks key short-term resistance

2019-12-10 16:16:29

Quick idea.

Given that the pair has broken its key short-term resistance, the question here, can it remain above it by the end of the day. If so, this may lead the rate further north, possibly targeting some of the recent highs.

Please see the chart for details and the alternative scenario.

Don't forget your stop-loss.