• EURAUD reversed from resistance area
• Likely to fall 1.6084
EURAUD recently reversed down from the resistance zone lying between the key resistance level 1.6500( former strong support from the end of May) and the 50% Fibonacci retracement of the earlier downward impulse from the start if May.
The downward reversal from this resistance area created the daily candlesticks reversal pattern Shooting Star – which continues the active major impulse wave V.
EURAUD is likely to fall further toward the next strong support level 1.6084 (which has been reversing the price from the middle of February).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies