EURAUD

We had the bounce up from the previous short I posted, and now we have just broken the Res area...

Question now is, will it stay above this Sup/Res area or fail and fall back to it's previous Sup area???

Will be watching this today on the Daily and 4h to see if there are any signs of weakness in the pullback to the new Sup area.

If so, we might get an opportunity to go long, else we might short it if it falls below the Sup area.