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EURAUD Will Go Lower! Short!

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Here is our detailed technical review for EURAUD.

Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is approaching a significant resistance area 1.705.

Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.695 level.

P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.

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Chart PatternscurrencyEURAUDforecastForexSELLshortsignalsswingtradingTrend AnalysisWave Analysis
SignalProvider
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🌐WebSite: signalprovider.org/
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更多:

相关出版物

免责声明

这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。