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ThinkingAntsOk

EUR/AUD Bearish Vision by ThinkingAntsOk

Short
Euro / Australian Dollar (FX:EURAUD)  
ThinkingAntsOk  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis EUR aud EURAUD short analysis setup multitimeframe euro
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trendanalysis supportandresistance mtfa eur aud euraud short analysis setup multitimeframe euro
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:

snapshot



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