FX:EURAUD Euro Fx/Australian Dollar
With prices currently hovering around 61.8% levels with oversold levels. We can expect the EURAUD correction to end around here at the 1.5605 region to head back further higher. However, prices may fall to the 76.4% before heading back up. With that being said, aggressive traders can enter now, or wait till a reversal signal has been made.
Comment: Funny How it stopped right at my arrow. Magic?