Potential reversal for EURAUD

6 באוק׳ 2021

EURCAD is now trading on daily support and the price is trading in the falling channel/wedge. What is more interesting is the divergence shown by an Awesome Oscillator. This indicates exhaustion of bearish momentum and more buying pressure coming in. Thus, I expect a reversal from this area.

What is your opinion on EURCAD?
Nice Trading!!!!