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EURAUD | Bullish Harmonic Pattern | Will The Price Rise Again?
Euro / Australian Dollar
Long
EURAUD | Bullish Harmonic Pattern | Will The Price Rise Again?
By KlejdiCuni
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Aug 22, 2022
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Aug 22, 2022
EURAUD | Bullish Harmonic Pattern
On the daily chart, EURAUD completed a very nice harmonic pattern.
During the previous analysis the price reached the first target.
This time the price is corrected lower again and it can increase more the second time.
This is a signal that during the coming days or probably weeks we may see EURO
to change the price direction.
Considering that this pattern is in a daily chart it will spend a lot of time to
create the reversal process and it will not be so easy.
Targets:
🎯 1.4735
🎯 1.4890
Thank you and Good Luck!
Beyond Technical Analysis
EURAUD
Harmonic Patterns
Wave Analysis
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