EURAUD approaching major resistance, potential reversal!
EURAUD approaching major resistance at 1.6020 (100% Fibonacci extension, 62.8% Fibonacci extension) where a potential reversal might happen which could push price down to its 1st support at 1.5621 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, 50% Fibonacci retracement). We have also identified another resistance at 1.6258 (horizontal swing high resistance)
Stochastic (55, 5, 3) shows it approaching its resistance where a corresponding reaction could occur. We have also identified a bearish divergence versus price which is a good precursor to price falling.
Stochastic (55, 5, 3) shows it approaching its resistance where a corresponding reaction could occur. We have also identified a bearish divergence versus price which is a good precursor to price falling.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.