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EUR/AUD Potential Bounce from Support
Euro / Australian Dollar
Long
EUR/AUD Potential Bounce from Support
By FieryTrading
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Nov 25, 2020
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EUR/AUD is currently residing in an area of strong support, dating back more than 14 months.
Historically, this line has held pretty strong, signalling potential short term bullish moves.
Consider exiting the long position around either Resistance 1 or Resistance 2, with the first being the most conservative.
Bullish Patterns
Chart Patterns
EURAUD
Forex
Technical Indicators
signal
support
Support and Resistance
Trend Analysis
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