EURAUD recently reversed down from the resistance area lying between the resistance level 1.6300 (which has been reversing the price from October), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous ABC correction 2.
The downward reversal from the resistance level 1.6300 stopped the previous sharp impulse wave 3 from December.
EURAUD is likely to fall further toward the next support level 1.6150 (former support from last month). Strong resistance stands at the resistance level 1.6300.
- GBPUSD broke support zone - Likely to fall to support level 1.2465 GBPUSD currency…
- USDCHF broke resistance zone - Likely to rise to resistance level 0.9000 USDCHF currency…
The decline in EURUSD was driven by weak PMI figures, with France and Germany both…
Gold has reached record high in euro above 2600, and growing fast in dollar terms…
The crypto market is booming as the anticipation of regulatory changes grows. Bitcoin nears $100K,…
- GBPCAD broke support zone - Likely to fall to support level 1.7500 GBPCAD currency…
This website uses cookies
