EUR/AUD rising inside minor ABC correction 2

EUR/AUD rising inside minor ABC correction 2

  • EUR/AUD rising inside minor ABC correction 2
  • Next buy target - 1.5000

EUR/AUD continues to rise inside the c-wave of the minor ABC correction 2 which started earlier from the powerful support zone lying between the support level 1.4450 (which reversed the previous minor correction (iv) with the daily Morning Star in May, as can be seen below), lower daily Bollinger Band and the 50% Fibonacci correction of the previous primary ABC correction ② from February. EUR/AUD is expected to rise further to the next buy target at the next resistance level 1.5000.

Similar

EUR/USD: bearish 'Harami'

The market is likely going to continue declining in the direction of the next support area in the coming hours...

eur

Popular

Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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