My analysis is based on elliott wave.
EURAUD seems to be completed wave 4 with 38.2% retracement.
I'm expecting the market to fall and begin wave 5.
The bearish channel gives us extra confirmation.
Our target is the lower boundary of the channel.
Happy Trading!
EURAUD seems to be completed wave 4 with 38.2% retracement.
I'm expecting the market to fall and begin wave 5.
The bearish channel gives us extra confirmation.
Our target is the lower boundary of the channel.
Happy Trading!