The pair is expected to continue rising toward the Forecast Area set between price levels 1.3384 and 1.3603.
The pair is expected to continue rising toward the Forecast Area set between price levels 1.3384 and 1.3603.
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EUR/AUD has just completed very Clear Down Channel chart pattern identified by Autochartist on the daily charts. The Overall Quality of this chart pattern is measured at the 7 bar level reflecting the following values of the individual contributing Quality indicators
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148 (2019-01-03), Abubakar 148 (2020-03-20), fazal12 (2020-09-22), Ibrarbutt (2020-09-16), Sadi (2020-02-23), Shahzada148p (2018-11-29), Tilla420 (2020-09-09), zainm6050 (2019-05-11), Zed Storn (2020-05-20)
It is unclear whether or not the corrective advance is complete. Additional strength would face resistance from 13480 (former support and 20 day average), 13580 (50% retracement) and 13660 (61.8% retracement). Uncertainty is high at this juncture and it is best to wait for a clearer signal" said Jamie Saettele, Senior Currency Strategist at DailyFX.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
148 (2019-01-03), Abubakar 148 (2020-03-16), fazal12 (2020-09-22), Sadi (2020-02-23), Shahzada148p (2018-11-29), Tilla420 (2020-09-09), zainm6050 (2019-05-11), Zed Storn (2020-05-20)
he strength in the AUD has been asserted again this week. There has been a sharp sell-off on this instrument. It’s better for speculators to find price levels by which this bearish move could be taken advantage of, rather than asking about the whys and wherefores of the market move.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
148 (2019-01-03), Abubakar 148 (2020-04-18), fazal12 (2020-09-22), Ibrarbutt (2020-09-16), Sadi (2020-02-23), Shahzada148p (2018-11-29), Tilla420 (2020-09-09), zainm6050 (2019-05-11), Zed Storn (2020-05-20)
the pair has succeeded in breaking 1.3500 and reached 1.3540 , so that's mean the up trend is still standing and the pair might head to 1.3570 and the 1.3600 . good luck .
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Current rise should end around 1.3537. Objectives of this downmove are 1.3349 or 1.3231. A rise above 1.3607 is again bullish.
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the pair and as we can see from the chart has closed it's daily candle under the level of 1.3500 , so , that's mean the down trend is still standing and the pair is heading to 1.3470 then 1.3440
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
148 (2019-01-03), Abubakar 148 (2020-07-22), fazal12 (2020-09-22), Sadi (2020-02-23), Shahzada148p (2018-11-29), Tilla420 (2020-09-09), zainm6050 (2019-05-11), Zed Storn (2020-05-20)
Primary trend: Bearish
The strength in the AUD has been asserted again this week. There has been a sharp sell-off on this instrument. It’s better for speculators to find price levels by which this bearish move could be taken advantage of, rather than asking about the whys and wherefores of the market move.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
148 (2019-01-03), Abubakar 148 (2020-04-19), fazal12 (2020-09-22), Ibrarbutt (2020-09-16), Sadi (2020-02-23), Shahzada148p (2018-11-29), Tilla420 (2020-09-09), zainm6050 (2019-05-11), Zed Storn (2020-05-20)
the pair as we can see on the chart has success in breaking the level of 1.3400 and reached the level of 1.3360 , that's mean the down trend is standing and the pair might head to 1.3330 then 1.3300 ,
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
fazal12 (2020-09-25), jann (2020-03-13), Shahnawaz148 (2019-05-10), zainm6050 (2019-05-11), Zed Storn (2020-05-19)
Primary trend: Bearish
The strength in the AUD has been asserted again this week. There has been a sharp sell-off on this instrument. Its better for speculators to find price levels by which this bearish move could be taken advantage of, rather than asking about the whys and wherefores of the market move.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
fazal12 (2020-09-25), jann (2020-03-13), Shahnawaz148 (2019-05-10), zainm6050 (2019-05-11)
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