EUR/AUD
Hello everyone,
A good opportunity has been detected on the EUR/AUD pair.
After strong downward movement on the EUR/AUD, the price
found support on a trendline, bounced and is currently correcting
to the upside.
We are expecting the price to reach approximately the 1.6300
price level, which is also a major psychological resistance point,
where we have a 38.2% Fibonacci retracement level.
A good opportunity has been detected on the EUR/AUD pair.
After strong downward movement on the EUR/AUD, the price
found support on a trendline, bounced and is currently correcting
to the upside.
We are expecting the price to reach approximately the 1.6300
price level, which is also a major psychological resistance point,
where we have a 38.2% Fibonacci retracement level.
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.