EUR/AUD intraday: the downside prevails as long as

EUR/AUD intraday: the downside prevails as long as 1.5384 is resistance

EURAUD

Trading Central 2021-02-23 03:05:12

1.5384 is our pivot point.

Our preference: the downside prevails as long as 1.5384 is resistance.

Alternative scenario: above 1.5384, look for 1.5420 and 1.5442.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.5373 and 1.5381).

Supports and resistances:

1.5442 **

1.5420 *

1.5384 **

1.5369

1.5353 last

1.5304

1.5283 **

Disclaimer

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