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ForexKei-Official
Oct 11, 2022 6:14 AM

EURAUD bullish, broke the resistance level Long

Euro Fx/Australian DollarFXCM

Description

Comment:
EURAUD broke the resistance 1.5400 level from July 2022 as well as support from of Oct 2021.

Ichimoku Trend Analysis (KTS):
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles

Next Scenario:
1.5400 level is also a neckline of monthly W bottom. Ultimately the market could go up to 1.622 level.
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