Support reached - Critical timing
EURAUD has reached a crticial area which has seen strong support in the past. I expect this support to be respected again. The RSI is also indicating that we're oversold and the VWAP indicates that the price is not reflecting the average volume based price. I expect to move up to the next fibonacci level. If we however do not respect the support and continue to go down to the lower fibonacci level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.