EURAUD - D1

Monday, July 20, 2020 12:41 PM

In the EURAUD pair chart, we see that the price has been in a price range for 2 months and is fluctuating slightly. We see the price hit the support line 7 times in the last year, but each time it failed to cross this line and could not continue to fall. This shows us that the market and traders are not interested in low prices in this currency pair. This discussion makes us expect a relative rise in prices. But how far is this price climb? To answer this question, we must look for price targets higher than the current price. The price range of 1.6730 is a very important number and the price in the last 11 months has not been able to cross it and discover high prices. So a good price target for current price growth can be.