EUR vs AUD Showing Strength At Support

FX:EURAUD   Euro / Australian Dollar
EUR vs AUD is sitting on the support zone from a previous range at 1.40195 & 1.39726. Price has pierced through this zone but is showing some bullish strength as price has pushed higher above the zone. We are seeing some buying pressure as there is a rejection at this level but remember this is a daily candle and we have about 4 hours till closing. With that said looking at the last four candles we have broken previous lows which is still showing the downside strength. I think a violation of the previous low of the current candle at 1.39434 could start the break of this level but again we have to watch out for the bear traps. Based off of what I am seeing currently my short term bias is bullish at this level but I think ultimately we might see the violation. Thanks for checking out my post! You can check me out at Have a great trading day and God bless!
What broker do you use ? If you do not mind me asking
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out