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Trading EUR/AUD positively significantly since the morning, supported by the SMA 50 and Stochastic,
Reinforcing our expectations for the bullish trend to remain effective and likely to this day what it is not broke level
The short trend for the pair: UP
Expected targets for the day: 1.2720 - 1.2740
This remains a possibility to continue the stability of the pair above the support level: 1.2630
Eur/Aud Today's Technical Analysis:
The market of Eur Aud is strongly SELL for hour four time period. I would like to suggest SELL order from current price 1.6192. TP at 1.6240, SL at 1.6174 levels.
The Support and Resistance levels for this pair are;
Support 1: 1.6191
Support 2: 1.6175
Support 3: 1.6168
Resistance 1: 1.6198
Resistance 2: 1.6216
Resistance 3: 1.6228
EURAUD Analysis
Expected trend for today: Bearish
Support 1.6061
Support 1.5972
Support 1.5916
Resistance 1.6279
Resistance 1.6248
Resistance 1.6317
Risk Disclaimer: Trading in financial markets and foreign exchange market (Forex) includes the risks and the possibility of loss.
EurAud technical analysis by using : Auto pivot indicator.
Parabolic SAR indicator there a dot below the candles that indicates a upward direction in addition to that we can see a BUY signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the higher level to perform a upward signal on the chart of the this pair there is a main up trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bullish direction then I will go for “BUY” positions.
resistance level 1 : 1.6326
resistance level 2 : 1.6289
resistance level 3 : 1.6255
pivot point : 1.6218
support level 1 : 1.6184
support level 2 : 1.6147
support level 3 : 1.6113
My Analysis
EURAUD
Market Trend
Bearish
PIVOT 1.6153
S 1 1.6108
S 2 1.6082
S 3 1.6037
R 1 1.6179
R 2 1.6224
R 3 1.6250
Price is approaching our first support (horizontal pullback support, 23.6% Fibonacci retracement, 61.8% Fibonacci retracement) where we might see a bounce to our first resistance level at 1.6226
1 Resistance is: 1.5778
2 Resistance is: 1.5798
3 Resistance is: 1.5815
1 Supporting is: 1.5735
2 Supporting is: 1.5713
3 Supporting is: 1.5699
EURAUD Today Analysis
Market Trend Bullish
Pivot Point 1.6150
S 1 >>>>> 1.6100
S 2 >>>>> 1.6080
S 3 >>>>> 1.6030
R 1 >>>>> 1.6175
R 2 >>>>> 1.6215
R 3 >>>>> 1.6245
The RSI indicator however shows a buy signal because of the line which currently reside a position above the 35 line.
For more confirmation i believe that the green lines which are going up would tell us that the bulls are the ones controlling the market at the moment and it would be wise to take that into consideration.
Summing all that up the bulls would be a really good choice for us to follow but that of course until we face an opposite sell signal to get out of the trade that of course when the price becomes located below the wave in the EMA indicator.
.
Right now the eur/aud rate 1.6169
Today the suitable selling point will be 1.6120
And today the most suitable buying point is 1.6195
Good luck
eur/aud
Today bullish trend
Pivot Point. 1.6153
current Price. 1.6157
Resistance level
R1. 1.6170
R2. 1.6185
R3. 1.6200
Supporting level
S1. 1.6145
S2. 1.6135
S3. 1.6125