EURAUD Reversed Nicely Off Resistance, Potential For A Drop!
EURAUD reversed off its resistance at 1.5515 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap resistance) where price could drop to its support at 1.5289 (horizontal swing low support). We do have to be cautious of the intermediate support at 1.5385 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) has also reversed off its resistance at 95% where a corresponding drop could occur.
Stochastic (55, 5, 3) has also reversed off its resistance at 95% where a corresponding drop could occur.
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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.