EURAUD Analysis: Opportunity to Sell at 1.66925?
Updated
My analysis shows that the EURAUD currency pair is currently at 1.66925 with a high probability of a sell (sell) trade.
Strong resistance at 1.66925: The 1.66925 level forms a strong resistance zone with the convergence of several resistance levels.
Forecast:
EURAUD is expected to move down from the 1.66925 level.
The first downside target is at 1.65700.
If it crosses 1.65700, we can predict a decline to 1.64500.
important points:
Pay attention to risk management and the use of stop loss in your transactions.
This analysis is for informational purposes only and does not constitute investment advice
Trade closed: target reached
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