EURAUD
First of all, let's start with the Elliott wave, which has completed five waves and is making correctional waves. The important points of the price are revealed in this video, and we also see that the price of new floors and ceilings has created a positive trend. We also have good news for the euro, which has increased the strength of the currency. On the floor where the price has returned, we have a double-buttom pattern that has caused the trend to reverse. The price target is also specified with Fibonacci. All price scenarios can be seen in this video. I hope you enjoy seeing this analysis. This is just an analysis and not a buy or sell signal.
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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.