It's likely that the pair is going to test the next support at 1.2994 - 1.2977. A pullback from this area could be a departure point for...
EUR/AUD reversed from resistance zone
- EUR/AUD reversed from resistance zone
- Next sell target - 1.4930
EUR/AUD continues to fall after the earlier downward reversal from the resistance zone lying between the powerful, multi-month resistance level 1.5190 (which has been reversing the price from the May) and the upper weekly Bollinger Band. The previous downward reversal from this resistance zone created the weekly Japanese candlesticks reversal pattern Shooting Star. EUR/AUD is expected to fall further toward the next sell target at the next support level 1.4930.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…