EUR/AUD falling inside the minor ABC correction 4

EUR/AUD falling inside the minor ABC correction 4

  • EUR/AUD falling inside the minor ABC correction 4
  • Next sell target - 1.4650

EUR/AUD continues to fall inside the sharp minor ABC correction 4 – which earlier broke through the support trendline of the sharp daily up channel from April, upper trendline of the daily up channel from February, support level 1.4840 and the 38.2% Fibonacci correction of the previous upward impulse from April. EUR/AUD is expected to fall down further to the next sell target at the support level 1.4650 (which reversed the previous correction 2 and which is the forecast price for the termination of the active correction 4).

Similar

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...

gbp

Deposit with your local payment systems

Callback

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