EURAUD: Is Getting Ready To Start a Downtrend
From our previous analysis, it seems that EURAUD is about to complete the expected correction. It is not a clear correction, but it is still a correction.
The AUD reported good GDP data last week, showing that the economy is back on track. On the other hand, the Eurozone is also facing some problems with its second largest economy.
🟢France's parliament brought down the government on Monday over its plans to tame the ballooning national debt, deepening a political crisis that is weakening the euro zone's second-largest economy - Reuters
If EURAUD breaks below the current pattern, the likelihood of a deeper decline increases.
Key support zones to watch are:
1.7690
1.7530
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
From our previous analysis, it seems that EURAUD is about to complete the expected correction. It is not a clear correction, but it is still a correction.
The AUD reported good GDP data last week, showing that the economy is back on track. On the other hand, the Eurozone is also facing some problems with its second largest economy.
🟢France's parliament brought down the government on Monday over its plans to tame the ballooning national debt, deepening a political crisis that is weakening the euro zone's second-largest economy - Reuters
If EURAUD breaks below the current pattern, the likelihood of a deeper decline increases.
Key support zones to watch are:
1.7690
1.7530
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Nota
Previous analysis:
âś…MY FREE Signals Channel
t.me/TradingPuzzles
âś…Personal Telegram
t.me/KlejdiCuni
âś…Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
âś…Personal Telegram
t.me/KlejdiCuni
âś…Suggested News Channel
t.me/ForexNewsNavigator_Official
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
âś…MY FREE Signals Channel
t.me/TradingPuzzles
âś…Personal Telegram
t.me/KlejdiCuni
âś…Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
âś…Personal Telegram
t.me/KlejdiCuni
âś…Suggested News Channel
t.me/ForexNewsNavigator_Official
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.