Monday, November 18, 2024

+750 Points Reached in EURAUD Sell Signal after Ranging Movements Within a Minor Descending Channel
1 mins well spent

EURAUD Analysis

EURAUD is currently exhibiting ranging movements within a minor descending channel. This consolidation is likely influenced by the uncertainty around the upcoming US elections. From a technical perspective, EURAUD remains in a downtrend, indicating the potential for further decline.

euraud descending channel range

After the confirmation of the Downward movement, EURAUD Sell signal was given.

EURAUD Sell signal reached the take profit target successfully.


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