EURAUD has reached a key support zone near 1.77200, aligning with the ongoing bullish global trend. The current price action appears to be a correction phase, particularly influenced by short-term weakness in the Euro.
According to technical chart conditions, this correction is likely nearing completion. If the 1.77200 support holds, it could serve as a strong buy entry point, then upside target will be 1.79000 and 1.80020
You can see more details in the chart.
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According to technical chart conditions, this correction is likely nearing completion. If the 1.77200 support holds, it could serve as a strong buy entry point, then upside target will be 1.79000 and 1.80020
You can see more details in the chart.
if you like this idea if you have on Opinion about this analysis share in comments
Trade active
Note
Almost Price under in the Target
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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.