EURAUD Downtrend

26 Oca

In the 4H Chart, the pair is currently making a sideways correction of wave X, and we should target lower prices for wave Y.

Green support level around 1.645 is an interesting target.

Alternatively, wave X could still be in progress, and we would see upside grind before the drop. I consider the first scenario to have a higher probability.

8 Şub

Not

Alternative X confirmed, and we're on our way for Y.

Still considering green support is the first target.