Google is going up. When are we to expect full recovery? This short technical analysis will give you some clues where to look at.
EUR/AUD broke resistance level 1.6000
- EUR/AUD broke resistance level 1.6000
- Next buy target 1.6200
EUR/AUD continues to rise after the earlier breakout of the round resistance level 1.6000 (which stopped the previous minor impulse wave (iii) and which was set as the buy target in our earlier forecast for this currency pair). The breakout of resistance level 1.6000 accelerated the active impulse waves 3 and (v). EUR/AUD is expected to rise further toward the next buy target at the next resistance level 1.6200.
While biotech companies are struggling to find the vaccine, investors make bets who’ll win this race.
There are many things happening in the UK. What is the strategic outlook for the GBP?
The Australian dollar set a strong upward trend over a month. Will AUD loose its gains soon?