EURAUD trendline broken, heading lower

FX:EURAUD   Euro / Australian Dollar
EURAUD             has been an interesting pair for as well. It correlated well with my analysis last week and went positive around 100 pips before it turned around. The pair then hovered around 1.56011 levels before breaking clear the trend line as of this monday morning. My sentiment on this pair is now bearish , but i would want to see it test the 61.8% and 76.4% before playing this pair hard.
Comment: That accuracy lol
Comment: BAM! Perfect. I suspect that prices will go back up to around 1.5045 from at around the 76.40% fib level
Hey there. I like your charts and hope you are dong great. I wanted to offer another perspective on euroaustralian. Looking for right tip of the crown on higher timeframe back to right tip of crown.
+1 Reply
AlexxChan hope.bleecker
Thank you! I will keep an outlook on that as well
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