Euraudsell
EURAUD: OPPORTUNITY TO SHORT! DAILY/INTRA-DAY/SWINGEarlier post with channel analysis provided confluence of Resistance to this pair.
This current post has a critical levels approach with short bias and target levels to the pair.
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SELL EURAUD ON DAILY CHARTEuro Australian Dollar (EUR/AUD) Exchange Rate Falls as ECB Leaves Rates on Hold
The Euro Australian Dollar (EUR/AUD) exchange rate slumped following the European Central Bank (ECB) meeting. The pairing is currently trading at around AU$1.6130.
The ECB left interest rates on hold during its January meeting. It is also expected to leave monetary policy on hold in the meantime.
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Looking like we are rejecting off resistance after going sideways, I feel EA could roll over to the downside soon. That being said keep in might we have just seen a nice push to the upside so we could keep climbing. Making consecutive higher highs/lows.
EURAUD approaching support, potential for a bounce!
EURAUD is expected to drop to 1st support at 1.60906 where it could potentially react off and up to 1st resistance at 1.61786.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD approaching support, potential for a bounce!
EURAUD is expected to drop to 1st support at 1.60393 where it could potentially react off and up to 1st resistance at 1.62153.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.