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Euro / Dolar Australia
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EURAUD bounced nicely off its support, potential to rise further

EURAUD bounced nicely off its support at 1.598 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, 23.6% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 1.6185 (61.8% Fibonacci extension, horizontal swing high resistance). We have also identified another support at 1.5833 (100% Fibonacci extension, 61.8% Fibonacci retracement, L T 38.2% Fibonacci retracement, horizontal overlap support).

Stochastic (55, 5, 3) made a corresponding bounce off its support at 1.65% where it has a lot of upside potential.
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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audBitcoin (Cryptocurrency)Chart PatternsEUREURAUDeuraudlongeuraudshortForexforexsignalsHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Juga pada:

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