Technicals
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EUR/AUD chart - Trading View EUR/AUD Technical Analysis: Bias Bullish - Price action has broken above daily cloud - Pair trades above major moving averages - Bounces off 110-EMA support - RSI above 50, Stochs show bullis…
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EUR/AUD chart - Trading View
EUR/AUD Technical Analysis: Bias Bullish
- Price action has broken above daily cloud
- Pair trades above major moving averages
- Bounces off 110-EMA support
- RSI above 50, Stochs show bullish momentum
Support levels - 1.5959 (5-DMA), 1.5910 (110-EMA)
Resistance levels - 1.6121 (Mar 6 high), 1.6140 (trendline)
Recommendation: Good to go long on dips, SL: 1.5950, TP: 1.61/ 1.6140
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
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By FxWirePro Team
TechnicalsEURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560
By FxWirePro Team
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