Double bottom and Ascending channel breakout in EURAUD

Ascending Channel Breakout

EURAUD is moving in an uptrend by forming higher highs, higher lows in 1-hour time frame chart.

Now, the market has broken the top zone of the Ascending channel which further confirms the Bullish trend are stronger in EURAUD.

EURAUD Double bottom Pattern

euraud double bottom pattern in h4

EURAUD has formed a Double bottom in the 4-hour timeframe chart and today it has broken the Previous major resistance levels with Buyers Pressure.

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