• EURAUD reversed from resistance level 1.5260
• Likely to fall to support level 1.5100
EURAUD currency pair recently earlier reversed down from the key resistance level 1.5260 (which has been reversing the pair from March), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse (C) from the start of February.
The downward reversal from the resistance level 1.5260 started the active minor correction (b).
EURAUD can be expected to fall further toward the next support level 1.5100 (target for the end of the active correction (b)).
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
This website uses cookies