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Klimex

EURAUD Bounced Off Support, Potential For A Further Rise

Long
Euro / Australian Dollar (FX:EURAUD)  
Klimex  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURAUD EUR aud NZD GBP CAD chf jpy USD
11
0
trendanalysis harmonicpatterns chartpattern euraud eur aud nzd gbp cad chf jpy usd
EURAUD bounced off its support at 1.5789 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially rise further to its resistance at 1.5967 (23.6% Fibonacci retracement, horizontal swing high resistance).

Stochastic (55, 5, 3) bounced off its support at 1.1% where a further rise could occur.
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