EURAUD Struggles at 1.7880—Signs of Exhaustion Signal Potential
EURAUD Struggles at 1.7880—Signs of Exhaustion Signal Potential Downside
EURAUD has confirmed a strong resistance zone near 1.7880, as the price repeatedly failed to break higher. The four-hour candles indicate clear signs of bullish exhaustion, suggesting that further upside may be limited unless unexpected news shakes the market.
Without any significant developments to push the price above resistance, the pair is likely to face renewed selling pressure in the coming days.
Key downside targets to watch:
🔻 1.7700 🔻 1.7610 🔻 1.7510
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURAUD has confirmed a strong resistance zone near 1.7880, as the price repeatedly failed to break higher. The four-hour candles indicate clear signs of bullish exhaustion, suggesting that further upside may be limited unless unexpected news shakes the market.
Without any significant developments to push the price above resistance, the pair is likely to face renewed selling pressure in the coming days.
Key downside targets to watch:
🔻 1.7700 🔻 1.7610 🔻 1.7510
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Trade active
Target 1 reached
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.