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ThinkingAntsOk

Two Possible Scenarios on EUR/AUD by ThinkingAntsOk

Euro / Australian Dollar (FX:EURAUD)  
ThinkingAntsOk  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis EUR aud EURAUD short LONG EURUSD dollar USD
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trendanalysis supportandresistance mtfa eur aud euraud short long eurusd dollar usd
-Daily Chart Explanation:


Price broke the Weekly Resistance Zone and consolidated above. We expect a pullback to the broken zone. If it bouncen then it has potential to reach the Weekly Resistance Zone. And, if the zone can not hold the price, then it can start a downside movement to the Ascending Trendline.

-Weekly Chart:

snapshot


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