Forexspecs
A break is looming. EurAud can rise above 1.5On the 29th of August, I've written that EurAud can rise following the false break and the 1.47 zone could be the bulls' target.
This target was reached last week and a correction followed.
As we can see from the posted chart, this correction stopped exactly in support, and yesterday's reversal is marked by a strong bullish engulfing.
At this moment there is a high probability of an up break with a target above the 1.5 zone.
Buy dips against yesterday's low can be a good strategy
CELO/USDT 4HOUR Analyst ✌🐟Hello Dear Member TradingView ⚜
The price is reacting to the last support zone of $0.7 drawn in this currency, it has hit this green zone several times which has pushed the price higher.
If it is supported in this green area and the upward movement of the price leads to the breaking of the red trend line at the level of $0.8, it has the ability to realize the targets of $0.85 and $0.875.
Otherwise, wait for the update of this cryptocurrency when the last support area is lost.
Arztoday ☸
EURUSD Short SignalEURUSD Sell Stop at 1.17178
SL 1.17554
TP 1.16427
RR 2.02
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This explanation is only my personal opinion only.
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