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EURAUD Reversed Off Resistance, Potential For Further Drop

Por ICmarkets
Corretora
EURAUD reversed off its resistance at 1.5520 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it is expected to drop further to its support at 1.5431 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 94% where a corresponding drop is expected.
audChart PatternsEUReuradulongEURAUDeuraudshortForexforexsignalforextradingHarmonic PatternsTrend Analysis
ICmarkets
Corretora
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.
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