EURAUD Is Bullish! Long!

25 באוק׳ 2023

Take a look at our analysis for EURAUD.

Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is trading around a solid horizontal structure 1.666.

The above observations make me that the market will inevitably achieve 1.676 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!