EURAUD is in a long term slowly ascending channel. So long term direction is bullish.
Now we see it hitting the bottom of a recent steep upward channel, while also hitting a clear support/resistance area. We also see the RSI remaining bullish since a week or so.
I expect it to go up from here, potentially reaching the mid-line of the long term channel (red) since this has proven a strong resistance in the past. Or higher.
Let's see!!
***Let me know what you think (I will always respond) and like if you find this useful!!***
Now we see it hitting the bottom of a recent steep upward channel, while also hitting a clear support/resistance area. We also see the RSI remaining bullish since a week or so.
I expect it to go up from here, potentially reaching the mid-line of the long term channel (red) since this has proven a strong resistance in the past. Or higher.
Let's see!!
***Let me know what you think (I will always respond) and like if you find this useful!!***
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.