last post on euraud got stopped out due to the fact it came back to retest the 50. Stops shoud've been a bit higher. Now that its tested the 50 fib... we should see a continuation to the downside. First target will be at the blue zone. Once that breaks , im expecting for it to continue down to the 2nd targeted area.
3RD TOUCH, BEARISH ENGULFING, 38.2 rejection. Currently in s/r zone. Expecting a break below. Once that breaks, TL will be the target. Once that breaks itll be the confirmation to its downside movement.