EURAUD respected demand zone at level 1.6082
then broke downtrendline
Price is above Moving Average 100
MACD shows bullish momentum
Price is supported above HVN at level 1.6139 which indicates that pair is in accumulation phase
After breaking resistance level at 1.6226 it's expected to target resistance levels 1.6448 and 1.6595 respectively
then broke downtrendline
Price is above Moving Average 100
MACD shows bullish momentum
Price is supported above HVN at level 1.6139 which indicates that pair is in accumulation phase
After breaking resistance level at 1.6226 it's expected to target resistance levels 1.6448 and 1.6595 respectively
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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.
Disclaimer
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.