From the technical point of view, the pair has formed AB=CD pattern (bearish), but at the same time has reached an important support (daily), having said that it is possible to try to take a long position with a very small size.
In chart below, you will find our analysis about supports and resistances on the daily chart:
![[EURAUD] SUPPORT & RESISTANCE AREA](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
In chart below, you will find our analysis about supports and resistances on the daily chart:
![[EURAUD] SUPPORT & RESISTANCE AREA](https://s3.tradingview.com/h/Hk6xm3rg_big.png)
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
Comment:
... every pullback should be considered a buy opportunity
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Have a nice weekend!
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Manage your long position:
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We thank allTraders who supported us, happy weekend!
🔔 2024 Forex Long Term Analysis:
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Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
