02.07.202111:17 Forex Analysis & Reviews: Daily Video Analysis: EURAUD facing bullish pressure, potential for further rise!

Today we take a look at EURAUD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. Price is facing bullish pressure as it continues to hold above the moving average, and MACD is holding above 0 line. We could see a bounce at Buy Entry, in line with 38.2% Fibonacci retracement and ascending trendline support, towards Take Profit levels, in line with horizontal swing high resistance and -27.2% Fibonacci retracement.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

Dean Leo,
انسٹافاریکس کا تجزیاتی ماہر
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