EUR/AUD broke resistance zone

EUR/AUD broke resistance zone

2019-11-11 • Updated

  • EUR/AUD broke resistance zone
  • Next buy target - 1.5740

EUR/AUD continues to rise inside the minor impulse wave 3 – which recently broke the resistance zone lying between the key resistance level 1.5380 (previous buy target and the top of the earlier sharp impulse wave (i)) and the resistance trendline of the daily up channel from the middle of July. EUR/AUD is expected to rise further in the accelerated impulse wave 3 toward the next buy target at the next resistance level 1.5740 (target for the completion of the active impulse 3).


EUR/USD Hit All Targets
EUR/USD Hit All Targets

4H Chart  Daily Chart  EURUSD managed to rise further on Friday inline with our expectations, reaching our entire targets mentioned in our previous notes at 1…

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