Hello everyone,
A good opportunity has been detected on the EUR/AUD pair.
After strong downward movement on the EUR/AUD, the price
found support on a trendline, bounced and is currently correcting
to the upside.
We are expecting the price to reach approximately the 1.6300
price level, which is also a major psychological resistance point,
where we have a 38.2% Fibonacci retracement level.
A good opportunity has been detected on the EUR/AUD pair.
After strong downward movement on the EUR/AUD, the price
found support on a trendline, bounced and is currently correcting
to the upside.
We are expecting the price to reach approximately the 1.6300
price level, which is also a major psychological resistance point,
where we have a 38.2% Fibonacci retracement level.