EURAUD Daily Chart : Shooting Star-Suggest a Bearish Reversal
Pivot: 1.5085
Preference: short positions below 1.5085 with targets at 1.4560 & 1.4310 in extension.
Alternative scenario: above 1.5085 look for further upside with 1.5230 & 1.5360 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
1.5360
1.5230
1.5085
1.4800 Last
1.4560
1.4310
1.3950
Preference: short positions below 1.5085 with targets at 1.4560 & 1.4310 in extension.
Alternative scenario: above 1.5085 look for further upside with 1.5230 & 1.5360 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
1.5360
1.5230
1.5085
1.4800 Last
1.4560
1.4310
1.3950
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.