forextidings

Will EUR/AUD Takes a U-turn ?

OANDA:EURAUD   Euro / Australian Dollar
Here's the 15m chart of the EUR/AUD . Currently, It's falling. And trying to hit the hurdle (1.5674). If the consecutive candles break 1.5674, then there will be a fall. The targets for the fall will be 1.5670 - 1.5650.

But there is a high possibility of a reversal in the trend. The trend may take a reversal from between 1.5684 - 1.5670. If it takes a U-turn , then a target for the uptrend will be as following 1.5697 - 1.5700 - 1.5710.
Trade closed: target reached