EURAUD: Bearish Outlook – Analytics & Forecasts – 4 April 2023

euraud

EURAUD: Bearish Outlook

🔻EURAUD is trading on a key weekly structure resistance.

Once the underlined area was reached, the pair started to trade within a horizontal range for 9 consequent trading days.

Its support was finally broken yesterday.

I think that the pair may drop now.

Targets: 1.593 / 1.5717

For Additional confirmation use: the Ichimoku Cloud Indicator

Contact information:

Profile: https://www.mql5.com/en/users/forexobroker

Telegram Channel: https://t.me/forextradingstrategies4us

Email: info@forexobroker.com

Source link

Comments are closed.