ToniSignals

EUR/AUD Signal - EUR Sentix Investor Confidence - 9 Aug 2021

Long
FX:EURAUD   Euro / Australian Dollar
EURAUD is trading to the upside today prior to the EUR Sentix investor confidence data, which is a monthly survey which shows the market opinion about the current economic situation and the expectations for the next semester. Technically the pair has broken a descending wedge pattern to the upside, and the RSI is indicating a bullish move. We anticipate continued upside into the 1.6118 level.


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