The EURAUD pair is on a strong green 1D candle today, turning 1D technicals neutral again (RSI = 48.319, MACD = 0.001, ADX = 27.956) after the 1D RSI rebounded from a 42.000 three month low yesterday. It did so after crossing under the 1D MA50 for the first time in 2.5 months.
As long as S1 holds, we see a lengthy (even 1 month) support formation, inside a long term Channel Up, a formation similar to January/ February. Our long term target is the 1.236 Fibonacci (TP = 1.69500).
Prior idea:
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As long as S1 holds, we see a lengthy (even 1 month) support formation, inside a long term Channel Up, a formation similar to January/ February. Our long term target is the 1.236 Fibonacci (TP = 1.69500).
Prior idea:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
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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.
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.