EUR Cross - Trendline Resistance

Hi all, newbie to the forum here! I just wanted to share a few charts I’ve been following - today we have had a lot of EUR month-end buying, some hawkish comments from ECB also helped bulls in these euro crosses.

EURNZD



EURGBP


EURAUD

Personally I’ll be looking to make short entry around Fib/Trend cross on EURNZD and looking for bounces on EURAUD and EURGBP too depending on how much it really flirts with that trendline - I will be very cautious of bulls taking over and causing a breakthrough!

Let me know your thoughts!

Cheers!

Chris

Almost forgot this one. EURCHF following the same pattern…


I’t still decrease :frowning:

Just a quick update, I took a short position on EURAUD once it bounced off resistance. Hit initial target of October low @ 1.5166 and closed 2/5 positions at 360 pip profit each…

Now looking for previous lows of 1.50 and 1.4750, however if it takes a trip back up to the resisting trendline, I have a stop loss at 1.5350 which is 200 pips profit on each remaining position. I hope a few of those 1000+ members who viewed the setup got on board!