EUR/AUD Potential Descending Triangle
.-Two point in the descending line and two points in the horizontal line.
.-Price with closing decisively below horizontal line would confirm the pattern.
.-If the descending triangle pattern is confirmed, quotation would go to 1.54739
.-Euro-zone GDP Flash may impact quotation on May 15th, 2018. Forecast 2.5 , previous 2.7
.-Australia Wage Inflation may impact quotation on May 16th, 2018
.-Two point in the descending line and two points in the horizontal line.
.-Price with closing decisively below horizontal line would confirm the pattern.
.-If the descending triangle pattern is confirmed, quotation would go to 1.54739
.-Euro-zone GDP Flash may impact quotation on May 15th, 2018. Forecast 2.5 , previous 2.7
.-Australia Wage Inflation may impact quotation on May 16th, 2018