FX:EURAUD Euro Fx/Australian Dollar
We may have a potential set up on the EURAUD daily time frame based on simple horizontal . The 1.50000 area has been a key pivotal zone constantly reversing its roles from support to resistance, and visa versa. If complimentary price action, in the form of a BEOB , then we could see price move to the next major of 1.45000. Though it will be a bumpy ride down with lots of minor support levels to get through.