Upside movement for the EUR/AUD

FX:EURAUD   Euro / Australian Dollar
28 3 2
Hitting a previous weekly and daily S&R zone, with a strong bullish push after touching the 1.37000 price point.
Minor double bottom formation with an RSI divergence.

Expecting a push back to the 61.8/76.4% retracement zone, possibly with a rejection of the downwards trend line

Related Ideas

1.41/1.42?? Also doesn't it look a bit like a double bottom.. not a perfect one but you can see the support zone
LD3K justatrader
Yes there definitely looks to be some support there. Also it would be a good idea to keep an eye on the 1.403 zone. Quite a few touches on that zone
Done with mine. 1.414 - 1.408-1.405 is the zone i'm eyeing to go short from
+1 Reply
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