Get started
Euro / Australian Dollar
Short

EURAUD Approaching Resistance, Potential Reversal!

By ICmarkets
Broker
EURAUD is approaching its resistance at 1.5974 (78.6% & 76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) where it could react off, causing price to fall to its support at 1.5641 (50% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reaction could occur.
audChart PatternsEUREURAUDeuraudshortForexforexsignalsHarmonic PatternsTrend Analysis
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.
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.