My dear subscribers,
It looks like the EUR/AUD will make a good move, here are the details:
The market is trading at the pivot level of 1.6282.
Bias – bullish
Technical Indicators: Both Super Trend and Pivot HL indicate a very potential upward continuation.
Target – 1.6319
About the indicators used:
The Average True Range (ATR) plays an important role in “Supertrend” as the indicator uses the ATR to calculate its value. The ATR indicator indicates the degree of price volatility.
Disclosure: I am part of Trade Nation’s Influencer Program and receive a monthly fee to use their TradingView charts in my analysis.
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I wish you all the best
