EURAUD - POSSIBLE LARGER STRUCTURE FORMING
Hey folks,
I have been trading intra-day the last few days and couldn't focus on posting my analysis.
So here we go with EURAUD.
As you see it played out exactly how we predicted!
For the coming week, I expect a reset at the 200 EMA (white line) & previous trap area to then move up to @1.63300.
At this area we expect a larger move down due to higher time frame analysis.
This is just one of many possibilities, price may aswell just keep moving down.
But we shall see... good trading day everyone! :)
I have been trading intra-day the last few days and couldn't focus on posting my analysis.
So here we go with EURAUD.
As you see it played out exactly how we predicted!
For the coming week, I expect a reset at the 200 EMA (white line) & previous trap area to then move up to @1.63300.
At this area we expect a larger move down due to higher time frame analysis.
This is just one of many possibilities, price may aswell just keep moving down.
But we shall see... good trading day everyone! :)
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