EURAUD is forming a strong consolidation near support 1.59000. The market is most likely preparing for a breakout of this area.
TA on the high timeframe:
1) The lower chart shows us multiple retests of support. Buyers continue to hold this area
2) The market is dominated by a bearish trend
TA on the low timeframe:
1) Price continues to move within a downtrending price channel
2) A triangle is forming. Triangle support is at risk of breaking.
3) The price is preparing to break the level of 1.59152.
4) The price is likely to break that level in the near future. In this case the currency pair will go down to 1.58496.
Key support: 1.59150
Key resistance: 1.59462
TA on the high timeframe:
1) The lower chart shows us multiple retests of support. Buyers continue to hold this area
2) The market is dominated by a bearish trend
TA on the low timeframe:
1) Price continues to move within a downtrending price channel
2) A triangle is forming. Triangle support is at risk of breaking.
3) The price is preparing to break the level of 1.59152.
4) The price is likely to break that level in the near future. In this case the currency pair will go down to 1.58496.
Key support: 1.59150
Key resistance: 1.59462
❤️ Telegram channel: t.me/AndeWave
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❤️ Telegram channel: t.me/AndeWave
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。