Currently this pair is at 1.2816 and it show the downward trend in 1h time frame, 4h timme frame and daily time from, so advice for short term trader sell this pair woth stop loss 1.2889 because it isa strong resistance and take profit at 1.2790.
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Currently this pair is at 1.2816 and it show the downward trend in 1h time frame, 4h timme frame and daily time from, so advice for short term trader sell this pair woth stop loss 1.2889 because it isa strong resistance and take profit at 1.2790.
sell eur/aud at the level 1.2825 with targets at 1.2715 and 1.2650, but in case of breaking the level 1.2857, then buy above this level with targets at 1.2935 and 1.2998
eur/aud technical analysis by using : adx
adx : 24.9913
+di : 14.8345
-di : 25.1856
timeframe : 1 hour
date : 22.02.13
LWMA also shown oversold for this pair especially in H4 time frame, so my expectation that the price will be arise for some correction until 1.2853. By the way, if price can breakdown 1.2748 then downtrend will be back and we can start the selling plan.
Pair : EURAUD
Updated : Sun, February 24 16:16
Price : 1.2777
Movement : -94.3 Pips
Movement : -0.73%
Support : 1.2663
Pivot : 1.2800
Resistance : 1.2937
Pair EUR / AUD continues to remain under pressure. On timeframe H4 Ichimoku Tenkan-sen line broke Kijun-sen top down. The decrease was clear even at the level of 1.29, is now considered a little late to open positions. But the chances of a significant weakening of the pair due to euro weakness, and the possible negative outcomes of elections in Italy. Berlusconi wins if we can assume the pair to further reduce the level of 1.2600, if it wins Bersani, the pair will still be under pressure, however, the downward trend will be much slower.
Eur/aud analysis for 02.25.2013 by using : pivot indicator.
r3: 1.3084
r2: 1.3030
r1: 1.2953
pivot : 1.2899
s1: 1.2822
s2: 1.2768
s3: 1.2691
buy eur/aud at the level 1.2860 with targets at 1.2920 and 1.2960, but in case of breaking the level 1.2810, then sell below this level with targets at 1.2720 and 1.2645
Eur/aud analysis by using : moving averages.
time : 12:15 GMT
time frame : 15 min
ema5 : 1.2863 signal-buy.
ema10:1.2862 signal-neutral.
ema20:1.2858 signal-neutral.