ThinkingAntsOk
Short

EUR/AUD Bearish Vision by ThinkingAntsOk

FX:EURAUD   Euro / Australian Dollar
4H CHART EXPLANATION:

After breaking up the Resistance Zone , price started moving sideways. It has recently broke the Bottom of the range, consolidating below on a pullback to the zone and breaking it downwards. Our short term target of this movement is the Confluence Zone between the Support Zone and the Ascending Trendline . And, in case this zone is broken, then the Long term targets are explained on the higher timeframes.

DAILY CHART ANALYSIS:




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