EURAUD Wave Analysis 15 April, 2021

April 15, 2021 at 04:08PM

• EURAUD broke daily up channel

• Likely to fall to support level 1.5360

EURAUD recently broke the support trendline of the minor daily up channel from March (which encloses the previous intermediate ABC correction (2)).

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The breakout of this daily up channel should accelerate the active downward impulse (3).

EURAUD is likely to fall further toward the next support level 1.5360 (low of wave B of the previous ABC correction (2)).

From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/euraud-wave-analysis-15-april-2021-20210415/
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April 15, 2021 at 04:08PM

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