EUR/AUD _ 1st week of May 2021

1. Price is still consolidating and forming a lengthy correction structure. Overall outlook price is still in bearish movement from higher TF

2. Possibly by end of the correction channel the price will continue the channel structure and continue bearish

3. Aiming for Short position once the price break the support trendline

* Key is to wait for price action and correction to complete before taking any position