EURAUD is currently trading in a strong bullish trend on a 4-hour time frame.
Following a quite extended period of bullish movement, the pair has been consolidating within a horizontal range.
Recently, the resistance of this range was breached, indicating strong buyer momentum.
I believe that this upward momentum will persist, potentially leading the market to reach the 1.8682 level in the near future.
Following a quite extended period of bullish movement, the pair has been consolidating within a horizontal range.
Recently, the resistance of this range was breached, indicating strong buyer momentum.
I believe that this upward momentum will persist, potentially leading the market to reach the 1.8682 level in the near future.
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.