Olu

EurAud: Lost All Its Gain Last Week

Olu Updated   
FX:EURAUD   Euro / Australian Dollar
3
Comments on the chart. H&S breakout jitters?? Price is now at support area and it is possible for the the upside to resume. Hence my neutral stance
Comment:
Price has fallen below the low of the inverse hammer. There might be more down in store
Comment:
Downside price action is increasing a retest of 1.4500 is not off the cards
Comment:
Price is right on support. I called for a retest of the support area when I saw the failed breakout. Didn't make (or lose) a dime from this idea though
Lesson here: If your idea is sound take the opportunity!
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