EURAUD: ⬆️ Buy
- EURAUD reversed from support level 1.7600
- Likely to rise to resistance level 1.8085
EURAUD currency pair recently reversed from the support zone between the support level 1.7600 (lower border of the narrow sideways price range inside which the pair has been trading from June) and the lower daily Bollinger Band.
The upward reversal from this support area stopped the previous short-term impulse wave A.
Given the strength of the support level 1.7600 and the bullish euro sentiment seen today across the FX markets, EURAUD currency pair can be expected to rise to the next resistance level 1.8085 (upper border of the active sideways price range).
 and the lower daily Bollinger Band.){kind=link}