Euro /Đô la Úc
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Market open analysis

Presented is a 1 hr chart analysis for market open.

We see a sharp pivot off top whole number resistance 1.58300.

Our main support retest off this pivot is 1.57300 with a potential early pivot at 1.57500. An early pivot may signal a breach through top resistance.

I sentiment a retest of bottom support with a pivot to retest top resistance continued by a bull/bear tug of spear to breach through the top.

Potential scenario presents a breach through main support to retest 1.56900.

RSI, MACD, and SRSI indicate sell off to retest at least main support.

Please comment with thoughts and ideas. Thank you.

Chart PatternsEURAUDTechnical IndicatorspriceactionRelative Strength Index (RSI)srsisupportSupport and ResistanceTrend Analysis

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