EURAUD has made a Double Bottom on the 1D MA50, keeping the 1D time-frame bullish (RSI = 58.711, MACD = 0.006, ADX = 17.748). This is primarily a bullish signal and as the 1D RSI is forming the same Channel Down which on April 14th kickstarted a strong leg up, we will take a short-term buy position targeting the 1.0 Fibonacci (TP = 1.67850). The extension can technically go as high as the 1.236 Fib level.
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.