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EURAUD analysis 10.08.2020

10.08.2020

Market Review

EURAUD

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. Awesome Oscillator indicates a bullish divergence. A breakout of the price pivot zone of 1.6476 will result in the formation of an ascending wave H1 level pattern within the wave (C) of the ascending D1 level pattern.

EURAUD rate online: monitor the price movement in real time.

Trading recommendations:

Buy above 1.6476.

Stop Loss: 1.6386.

Target levels: 1.6550; 1.6729.

Author: admin
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