Elliott-wave view: EUR/AUD Technical-analysis
Hi traders,
Anyone is in buying or selling EUR/AUD at the moment? I prefer to keep waiting for a short EUR/AUD. Any further breakdown the lower support line, then short on the rally.
A up move scenario could be occurred and it will lead the price action higher to breakup the upper trend line, at that zone immediately resistance should be at around 1.1593x, short then on the pullback.
Long scenario needs to have some more strong supports signs on he chart, so need to wait for further price development.
Happy trading!
Anyone is in buying or selling EUR/AUD at the moment? I prefer to keep waiting for a short EUR/AUD. Any further breakdown the lower support line, then short on the rally.
A up move scenario could be occurred and it will lead the price action higher to breakup the upper trend line, at that zone immediately resistance should be at around 1.1593x, short then on the pullback.
Long scenario needs to have some more strong supports signs on he chart, so need to wait for further price development.
Happy trading!