Price fell sharply during October amid risk aversion from global stock market correction. As a result, EURAUD has fallen by as much as 5%. Now price is trading at one of the major support level. Look for a potential bullish reversal as global market stabilizes.
Trade Step-ups:
Bullish Reversal: Price rejects a break from the finally support level. Meaning that price could fall further to the final support level in the chart before a true reversal occurs. Profit levels to look for are 1.6000 & 1.6300 respectively.
Bearish Breakout: Price breaks final support level, look for consolidation below 1.5400.
Trade Step-ups:
Bullish Reversal: Price rejects a break from the finally support level. Meaning that price could fall further to the final support level in the chart before a true reversal occurs. Profit levels to look for are 1.6000 & 1.6300 respectively.
Bearish Breakout: Price breaks final support level, look for consolidation below 1.5400.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.