EURAUD continues to fall inside the short-term corrective wave (ii), which started earlier from the powerful resistance area lying between the strong resistance level 1.6340 (top of the Evening Star from September), upper daily Bollinger Band.
The price today broke below the support level 1.6150 (which reversed the price earlier this month) – which accelerated the downward movement.
EURAUD is expected to fall further and re-test the next strong support level 1.6000 (low of the previous short-term ABC correction 2).
AMD: ⬇️ Sell - AMD reversed from pivotal resistance level 115.00 - Likely to fall…
Google: ⬇️ Sell - Google broke key support level 160.00 - Likely to fall to…
Gold: ⬆️ Buy - Gold broke resistance level 3050.00 - Likely to rise to resistance…
Ethereum: ⬇️ Sell - Ethereum reversed from the resistance level 2120.00 - Likely to fall…
US PCE inflation exceeded expectations at 2.8% in February. Income growth and savings rates remain…
Europe will switch to daylight saving time next week. Key events include the RBA's rate…
This website uses cookies
