EURAUD: Idea

22 thg 9, 2015

I think this pair will make moves to the downside. On the hour chart it has been trying to test resistance and has not been able to fully breakout beyond current resistance. On the 4 hour chart it has been making lower lows and again unable to breakout out of resistance. And on the day chart I have identified a "hidden treasure" which is a false breakout and again has not been able to break out of current resistance. It has barely broke out of my previous support but I do think that it will break support soon.