EUR/AUD just a correction to continue the Bearish Movement
4H CHART EXPLANATION:
As we explained on the higher timeframes, we are waiting for a consolidation below the Ascending Trendline. At this moment price is breaking it, so a corrective movement is expected. It may pullback the broken trendline and make some corrective structure to continue the downside move.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
As we explained on the higher timeframes, we are waiting for a consolidation below the Ascending Trendline. At this moment price is breaking it, so a corrective movement is expected. It may pullback the broken trendline and make some corrective structure to continue the downside move.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly: