– EURAUD reversed from resistance level 1.6765
– Likely to fall to support at 1.6600
EURAUD currency pair recently reversed down from the powerful, multi-month resistance level 1.6765, which stopped the clear daily uptrend in last April.
The resistance level 1.6765 stands above the upper daily Bollinger Band – which strengthened it.
Given the continued yen positivity seen across the FX markets today, EURAUD can be expected to fall further toward the next support at 1.6600 (former monthly high from last month).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies