Not much of time to publish charts, but from the previous post here, an alternative view would be that of a break of the second ascending triangle. If 1.3526 gives way, the next support comes in at 1.3376.
This sets the tone for a double bottom (if it holds) which gives further upside target to 1.44/1.45
For now, watching!!!
EURAUD: Moving targets to the H&S level at 1.458 if there is a bullish retracement to the downtrend after a tap of this level.
Trading with Renko Charts - Trading journal of technical analysis with Renko charts
Thursday, 5 June 2014
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