EURAUD bounced off his support at 1.5444 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) and we expect it to rise further to its resistance at 1.5655 (horizontal swing high resistance). We do have to be cautious of the intermediate resistance at 1.5555 (50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) bounced off his support at 14% where a corresponding rise is expected.
Stochastic (89, 5, 3) bounced off his support at 14% where a corresponding rise is expected.
交易進行:
Price has bounced up perfectly and broke past our intermediate resistance :)
Do check our signature to get access to our official telegram group where we'll be doing our best to provide real-time updates to our trading ideas!
Do check our signature to get access to our official telegram group where we'll be doing our best to provide real-time updates to our trading ideas!
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.