歐元/澳元
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EURAUD Coming Week

26
A look at the intraday 4hr chart.

Trend = Bearish

1. Trendline - angular resistance holding from 10th June

2. Moving Average = 50 MA above price

3. RSI - within the 20-50 zone , supporting short side.

Phases - Phase 1 + Phase 2 + Phase 1 and on last Friday the start of the next Phase 2.

High Probability Zone - confluence of the 50 MA, Trendline , Fibonacci 50 retracement.

Secondary Graystone Zone - identified on chart

Into next week , the bias is for shorts . A short price action setup within the above zones is of interest.







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