Price has been rising since a pullback from 1/8 MM Level happens.
Tag - eur
There's a pullback from the lower "Window", but we've got a "Tower" at the last high.
Bulls have broken the last "Triangle", but price faced resistance at 1.0991, so there's a consolidation.
EUR/AUD broke pivotal resistance level 1…
If a pullback from the upper side of the current ending diagonal happens, there’ll be time for correction.
We’ve got a pullback from the 89 MA. However, there’s a “Shooting Star”, but a confirmation of this pattern is a quite weak.
The decisive second round of French presidential election will take place on Sunday, May 7…
The price is still consolidating near the upper side of the current “Wedge”. At the same time, there’s a possible “Triple Top”.
Expanding bullish Ichimoku Cloud, rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, but rising Kijun-sen; the prices are on the support of the Cloud.
We’ve got bearish patterns such a “Tweezers”, a “Shooting Star” and a “Tower”.
An upward zigzag in wave y of (iii) has been ended, so the price found a lodgment under 7/8 MM Level.
Forex analysts jointly expect the euro to extend its gains over the medium term…