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danresdidualfx

Potential trade setup: EUR/AUD analysis

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Euro / Dolar Australia (OANDA:EURAUD)  
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OANDA:EURAUD   Euro / Dolar Australia
Trend Analysis Chart Patterns Technical Indicators reversal trend priceaction Candlestick analysis Fibonacci Retracement KEY institutionallevels
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Price has extended into the yearly highs price region, however, am waiting for a rejection around the -27.00% region whether its a daily/4HR candle wick rejecting of that key supply zone. Seeing previous daily candle closing as two shooting star at the 1.63556 price barrier, hinting that there is buying exhaustion around this area. However, fundamentals will play a key role with president Draghi speaking this week to AUD policy talks.
Komen:
paying attention to how the daily candle closes

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danresdidualfx
Potential Trading Setup: EUR/AUD analysis
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