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belacanfx

EURAUD : Possible for beginning of downtrend

Short
Euro / Australian Dollar (FX:EURAUD)  
belacanfx  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Wave Analysis
6
1
trendanalysis waveanalysis
Daily Time frame showed strong bearish impulsive wave (A) which followed by corrective wave (B) up to 0.618 Fibo level.
Price break LTL, price currently testing trend line and resistance area (blue). Im predicting price will reject here and continue downtrend to make up C wave.
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