EURAUD: Is Getting Ready To Start a Downtrend
From our previous analysis, it seems that EURAUD is about to complete the expected correction. It is not a clear correction, but it is still a correction.
The AUD reported good GDP data last week, showing that the economy is back on track. On the other hand, the Eurozone is also facing some problems with its second largest economy.
🟢France's parliament brought down the government on Monday over its plans to tame the ballooning national debt, deepening a political crisis that is weakening the euro zone's second-largest economy - Reuters
If EURAUD breaks below the current pattern, the likelihood of a deeper decline increases.
Key support zones to watch are:
1.7690
1.7530
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
From our previous analysis, it seems that EURAUD is about to complete the expected correction. It is not a clear correction, but it is still a correction.
The AUD reported good GDP data last week, showing that the economy is back on track. On the other hand, the Eurozone is also facing some problems with its second largest economy.
🟢France's parliament brought down the government on Monday over its plans to tame the ballooning national debt, deepening a political crisis that is weakening the euro zone's second-largest economy - Reuters
If EURAUD breaks below the current pattern, the likelihood of a deeper decline increases.
Key support zones to watch are:
1.7690
1.7530
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Anmerkung
Previous analysis:
Trade ist aktiv
Anmerkung
EURAUD is near to the second target
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.