Printable View
The bulls still play here but weak. I say weak as long as the buyer then can not break up more to that resistance at 1.2706. Just be aware and just wait and see. bulls can be called here again only after the resistance 1.2706 was also can be break by strong bulls candle here then.
long positions at 1.2660 with 1.2685 and 1.2710 as next targets
the breakout of 1.2640 will call fro arebound towards 1.2600
sell eur/aud at the level 1.2662 with targets at 1.2611 and 1.2572, but in case of breaking the level 1.2682 then buy at this level with targets at 1.2744 and 1.2790
eur/aud technical analysis by using : adx
adx : 19.9909
+di : 11.8149
-di : 17.3716
timeframe : 1 hour
time : 1500
short positiions at 1.2595 with 1.2560 and 1.2520 as next targets
the breakout of 1.2615 will call fro arebound towards 1.2645
This is to prevent a false breakdown in 2394, the pair failed to consolidate above 2400 figures, MASD also sends a signal to the south, most likely the trend will resume, sales open until 2315, my first objective.
sell eur/aud at the level 1.2625 with targets at 1.2520 and 1.2462, but in case of breaking the level 1.2662 then buy at this level with targets at 1.2719 and 1.2772
In a couple of noticeable downward dynamics, the course was able to break through the support of 2630 and then ran into the next support level 2580, a pair of converging triangle formed and bear it because the maximum lower and lower and most likely a couple will break through 2580 - a breakthrough at this level and will be confirming a signal to sell , it should open the way to 2500 figure as a minimum.
By euraud seen bearish channel, the pair formed a new wave of southern - perfectly visible as the blue moving fulfills the role of the trend line, now rate it to her and went, most likely from him and will resume reduction south, the main objectives bears until fulfilled, I plan to file more support for the breakout 2580, the north is not considered.
Couple still has not gone above 27 figures painted a double top and is now entrenched below 1.2625 ... is a picture most likely unlike any downward trend with the potential to 1.2530 ... and stop above 1.2625 ...