My forecast for EURAUD is Bullish based on 5 type Technical Analysis strategy 1. Chart pattern - Medium Timeframe has show double bottom its sign to bounce back or bullish 2. Candle Pattern - Dominan break or 2 bullish candle break 1 big bearish candle 3. Trendline 4. Awesome Oscillator indicator - has show divergence that sign to pullback to the top 5. Support and resistance
Technical News Growth in the EU is expected at 5%, 4.3% and 2.5% in 2021, 2022 and 2023 - EU Comission. Based on this statement its make strong evidence that economics of EU will rise due to recovery plan that make of EU council still on the road.
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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.