Possible Cup With Handle In EUR-AUD
Posted on March 15, 2012 at 16:18 PM EDT
Ever so slowly, the EUR-AUD is in the process of building a bottom pattern on its daily chart. After making an all time low at 1.2131, the price formed what appeared to be small rounded bottom, followed by a fast move to 1.2616. With more price history since, now a possible Cup with Handle formation is taking shape. [More...]