EURAUD is testing major support at 1.5244 (61.8% Fibonacci extension, 78.4% Fibonacci retracement, horizontal pullback support, bullish bat formation, bullish divergence) and a strong bounce could occur at this level to drive price up to at least 1.5432 resistance (Fibonacci retracement, horizontal swing high resistance).
RSI (34) sees strong bullish divergence vs price signaling that a bounce is potentially impending.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
RSI (34) sees strong bullish divergence vs price signaling that a bounce is potentially impending.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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.