EUR/AUD broke support area

EUR/AUD broke support area

  • EUR/AUD broke support area
  • Next sell target - 1.5300

EUR/AUD continues to fall sharply after the earlier breakout of the support area lying between the support level 1.5500 (which stopped the previous minor corrections (iv) and (a), as can be seen below) and the 38.2% Fibonacci correction of the previous sharp upward impulse from the start of November. The breakout of this support area accelerated the active minor impulse wave c. EUR/AUD is expected to fall to the next sell target at the next support level 1.5300 (target for the completion of wave c).


Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera