✅EUR_AUD BUYING OPPORTUNITY|LONG🚀

[Agarwal]

✅EUR_AUD is trading in an
Uptrend and the pair is now
Making a local correction
But will soon hit the
Local horizontal support Of 1.632 and after that
The pair is likely To go up again LONG🚀
 

[MongiIG]

EUR/AUD: Upside could be capped for now

EUR/AUD risks a retest of the 1.5950-1.6050 area (including the December high and the 89-day moving average). This follows a retreat last month from a tough barrier at the October 2020 high of 1.6825.

For a more comprehensive discussion, see “Australian dollar ahead of budget”, published May 9.

EUR/AUD daily chart

 

 

Source: chart created by Manish Jaradi, TradingView

 

Manish Jaradi | IG Analyst, Singapore | Publication date: Tuesday 30 May 2023. Full blog post article