Strong bullish wave ended at level 1.6293 and then correction occurred until 61.8% Fibonacci level at 1.6088
Price respected this level and then going upwards
MACD shows bullish momentum
Price is above Moving Average 100
EURAUD is forming cup and handle pattern
we r waiting for price exceeding the resistance level at 1.6170 for targeting the supply zone near level 1.6293
Price respected this level and then going upwards
MACD shows bullish momentum
Price is above Moving Average 100
EURAUD is forming cup and handle pattern
we r waiting for price exceeding the resistance level at 1.6170 for targeting the supply zone near level 1.6293
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.
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.