EURAUD forecast
My forecast for EURAUD is Bullish based on 5 type Technical Analysis strategy
1. Chart pattern - Medium Timeframe has show double bottom its sign to bounce back or bullish
2. Candle Pattern - Dominan break or 2 bullish candle break 1 big bearish candle
3. Trendline
4. Awesome Oscillator indicator - has show divergence that sign to pullback to the top
5. Support and resistance
Technical News
Growth in the EU is expected at 5%, 4.3% and 2.5% in 2021, 2022 and 2023 - EU Comission. Based on this statement its make strong evidence that economics of EU will rise due to recovery plan that make of EU council still on the road.
1. Chart pattern - Medium Timeframe has show double bottom its sign to bounce back or bullish
2. Candle Pattern - Dominan break or 2 bullish candle break 1 big bearish candle
3. Trendline
4. Awesome Oscillator indicator - has show divergence that sign to pullback to the top
5. Support and resistance
Technical News
Growth in the EU is expected at 5%, 4.3% and 2.5% in 2021, 2022 and 2023 - EU Comission. Based on this statement its make strong evidence that economics of EU will rise due to recovery plan that make of EU council still on the road.
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