• EURAUD reversed from support area
• Likely to rise to 1.6500
EURAUD recently reversed up sharply from the support area lying between the multi-month support level 1.6085 (which has been reversing the price from the start of January) and the lower daily Bollinger Band.
The upward reversal from this support area will likely form the daily candlesticks reversal pattern Bullish Engulfing – if the price closes today near the current levels.
EURAUD is likely to rise further toward the next resistance level 1.6500 (former support from the end of May).
Nikkei 225: ⬇️ Sell - Nikkei 225 broke support zone - Likely to fall to…
Gold: ⬇️ Sell - Gold broke daily up channel - Likely to fall to support…
The U.S. dollar takes a major hit as trade tariffs spark capital flight, while global…
Gold experienced a significant increase followed by a sharp decline. It may be a good…
US indices fell after tough tariffs were announced by Trump, triggering a negative reaction in…
The US dollar is experiencing a decline due to trade tariffs and capital flight. The…
This website uses cookies