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Mihai_Iacob
Oct 12, 2022 2:16 AM

EurAud facing important resistance Short

Euro Fx/Australian DollarFXCM

Description

After reaching my 1.52 target, EurAud continued its ascent and now is very near an important resistance.
Although now the long-term trend is changed and is clearly up, a correction from this level can follow.
The target for such correction is the old 1.52 zone resistance

Comment

EurAud reversed from resistance as predicted. As long as yesterday's high is in place, sell rallies is a good strategy.
1.52 support could be bears target
Comments
Tradersweekly
Thanks for the EURAUD analysis.
JoeChampion
Great zone to consider, thank you mate!
TheNewsCrypto
Agreed, thanks for sharing
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