EURAUD Plunges Below 1.5000, Pausing its Move Near 23.6% Fibo

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EURAUD Plunges Below 1.5000, Pausing its Move Near 23.6% Fibo

EURAUD found strong resistance level at the 1.5330 barrier, which acted as a turning point to the price, holding the pair beneath the 20-day simple moving average (SMA) as well. Currently, the price is testing the 23.6% Fibonacci retracement level of the down leg from 1.6235 to 1.4560 at 1.4953 and any falls below it […]

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Source: EURAUD Plunges Below 1.5000, Pausing its Move Near 23.6% Fibo