If price can break the 0.618 level, we can expect that it will complete the formation of the M, where it would then be a high probability of price retracing at LEAST back to the 0.618 level.
EURAUD is inverse to AUDCHF which is showing the exact opposite producing 3 W formations.
EURAUD is inverse to AUDCHF which is showing the exact opposite producing 3 W formations.
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.