EurAud&EurNzd could fly soon
A few days ago I said that I expect EurAud to break above resistance and reach 1.62.
Yesterday the pair confirmed 1.57 as a strong support zone and reversed losses to reach 1.5850 resistance again.
Since the beginning of November, the structure is bullish for this pair, with a sequence of higher lows in place.
Once/If 1.5850 will fall, EurAud should accelerate gains and, as I said, 1.62 is my target.
EurNzd:
The situation here is pretty similar, with a bottom in November and the pair trading just under resistance.
The structure here is also constructive and we can expect a break of this resistance.
1.75 can be bulls target
Yesterday the pair confirmed 1.57 as a strong support zone and reversed losses to reach 1.5850 resistance again.
Since the beginning of November, the structure is bullish for this pair, with a sequence of higher lows in place.
Once/If 1.5850 will fall, EurAud should accelerate gains and, as I said, 1.62 is my target.
EurNzd:
The situation here is pretty similar, with a bottom in November and the pair trading just under resistance.
The structure here is also constructive and we can expect a break of this resistance.
1.75 can be bulls target
Christmas & New Year Offer: 40% Discount- More Details: t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.