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Euro / Australian Dollar
Short

SHORT EURAUD Testing Resistance, Potential Reversal

1 132
EURAUD is testing its resistance at 1.5998 (61.8% Fibonacci extension , 61.8 % Fibonacci retracement , horizontal overlap resistance) it could potentially reversal to its support at 1.5825 (61.8% Fibonacci retracement , horizontal overlap support).
Stochastic (55, 5, 3) has reversed off its resistance at 98% where a corresponding drop may occur.
ICmarkets
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IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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audChart PatternsEUREURAUDeuraudlongeuraudshortForexforexsignalforextradingHarmonic PatternsTrend Analysis

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audChart PatternsEUREURAUDeuraudlongeuraudshortForexforexsignalforextradingHarmonic PatternsTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:

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.