Eur/Aud

EUR/AUD is likely to come under pressure as the pair consolidates into the wedge formation seen on the daily chart above

EUR/AUD breaks through previous resistance, Chart highs at 1.3835 have been broken and next resistance is at 1.3925

The EURAUD rally from 12926 is in 5 waves and appears to have culminated with Monday’s reversal. The goal over the next several days and weeks should be to identify a secondary low

the chart is showing that the pair is trading under level 1.3800 , that's mean the down trend is standing and the pair might reach 1.3700 , but if the pair succeeded in breaking 1.3800 , it will head to 1.3830 and then 1.3870

EURAUD had significant bearish momentum yesterday and closed below 1.3715 weekly support, and on weekly the strong bearish pinbar still valid, I prefer bearish continuation at this phase and will only wait for opportunity to go short

the pair and as we can see from the chart has closed it's daily candle under the level of 1.3800 , so , that's mean the down trend is still standing and the pair is heading to 1.3830 then 1.3870

we will move from neutrality into positivity. But consolidation with 4-hour closing below 1.4365 should weaken our positive expectations significantly

EURAUD had significant bearish momentum yesterday and closed below 1.3715 weekly support, and on weekly the strong bearish pinbar still valid, I prefer bearish continuation at this phase and will only wait for opportunity to go short

the pair and as we can see from the chart is trading now above the level of 1.3800 , so when ever the pair success in breaking 1.3800 and close 4h candle under it , that's mean the down trend will be assured and the pair might head to 1.3770 and then 1.3740

we can see that the pair has closed it's daily candle above 1.3800 . so , that's means that up trend is expected and the pair might head to 1.3870 and then 1.3900 ,but also the hourly correction is expected before continue in the up trend