• EURAUD reversed from resistance area
• Likely to fall to support level 1.5675
EURAUD currency pair recently reversed down from the resistance area lying between the pivotal resistance level 1.5855 intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from last October.
The downward reversal from this resistance area stopped the previous impulse wave (C).
EURAUD can be expected to fall further toward the next support level 1.5675 (which has been reversing the price from the start of June).
- 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
