Technical Analysis 1 July – Bearish outlook on EURAUD

Home > Trading Views > Technical Analysis 1 July – Bearish outlook on EURAUD

EURAUD is under pressure from its resistance in line with the 78.6% Fibonacci retracement and a test of this area could see a drop from here. The next support target highlighted will be at 1.57715, in line with the retracement levels. This area was also previously respected by prices as the support.

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