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 analysing EUR/AUD for Tuesday

to Nov. 26, 2019



EUR/AUD intraday: as long as 1.6293 is resistance look for 1.6146
Our pivot point stands at 1.6293.

Our preference: as long as 1.6293 is resistance look for 1.6146.

Alternative scenario: the upside breakout of 1.6293, would call for 1.6348 and 1.6381.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.6246 and 1.6249).


Supports and resistances:

1.6381 **
1.6348 *
1.6293 **
1.6272
1.6246 last
1.6179
1.6146 **
1.6113 *
1.6081 **
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