Euro / Dolar Australia
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EUR/AUD Change of structure, time for correction.

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Hi guys today we are analysing the EUR/AUD currently it has broken out of an ascending channel formulating a correction / consololidation on the previous support level at 1.65500.

Additionally we can se that the RSI at least on 4H has already entered a descending channel indicating that the price is going to drop down.

Entry 1.66500
Target 1.65500

We are chasing 100 pips here, then if it continues we will revisit this analysis and look into a further drop.


P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Dagangan ditutup: sasaran tercapai
Target reached on this one as well. ✅ ✅ ✅


0.10 volume - $62.06
0.50 volume - $310.34
1 volume in lot - $620.58
5 volume in lot - $3,103.2

Not bad for a days work, eh?

Penafian

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