venckusarunas

EUR/AUD in support zone waiting for long

Long
FX:EURAUD   Euro / Australian Dollar
EUR/AUD in support zone waiting for long move after breaking out through 1.4727 level. This is Fibonacci 50-61.8% zone and the end of Elliot correction wave ABC. If break out happens, potential target would be at Fibonacci -23.6 at price level 1.523.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.