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EUR/AUD just a correction to continue the Bearish Movement

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
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trendanalysis supportandresistance mtfa eur aud euraud short analysis
4H CHART EXPLANATION:


As we explained on the higher timeframes, we are waiting for a consolidation below the Ascending Trendline. At this moment price is breaking it, so a corrective movement is expected. It may pullback the broken trendline and make some corrective structure to continue the downside move.


MULTI TIMEFRAME ANALYSIS:


-Daily:

snapshot

-Weekly:

snapshot


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