AUD been quite bullish this week and hence made some serious recovery.
EURAUD on the other hand been haunted my bears as AUD got bulls on their sides.
Now it's at demand zone plus trapped in bullish flag also another bullish flag on lower TF.
RSI oversold hence indication bullish momentum.
If respected that demand zone then next target will be 1.7600.
R:R also illustrated above .
#STAYHOME#STAYSAFE
EURAUD on the other hand been haunted my bears as AUD got bulls on their sides.
Now it's at demand zone plus trapped in bullish flag also another bullish flag on lower TF.
RSI oversold hence indication bullish momentum.
If respected that demand zone then next target will be 1.7600.
R:R also illustrated above .
#STAYHOME#STAYSAFE
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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.