ThinkingAntsOk

EUR/AUD Staying in the Range

Short
FX:EURAUD   Euro / Australian Dollar
🔸4H CHART EXPLANATION:
.
.
🔸Last week we posted an Idea on this pair when it was facing the Resistance Zone, talking about the two possible scenarios.
.
🔸Finally, the scenario is bearish. It was not able to penetrate the Resistance Zone, and it was rejected strongly.
.
🔸We consider that this pair has bearish potential to reach the Support Zone.
.
🔸 Will look for a lower timeframe bearish setup.

🔸 DAILY CHART ANALYSIS:


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.