• EURAUD falling inside impulse wave 3
• Likely to reach 1.6300
EURAUD continues to fall inside the short-term downward impulse wave 3 – which reversed earlier from the key resistance level 1.6540 (which has been repeatedly reversing the pair from June).
The resistance zone near the resistance level 1.6540 was strengthened by the upper daily Bollinger Band.
EURAUD is likely to fall further toward the next support level 1.6300 (former low of the previous minor impulse wave 1).
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies