EUR/AUD
Market gone into consolidation since the first week of MAY.
Im anticipating the break out to happen very soon. Its looking like its going to break downside as we are seeing
some nice spinning tops and doj.
Lets not forget we had a Shooting Star on 24/05/16 and todays candle stick looking like its forming another one.
Wait for a Bearish candle stick closure outside the box.
1.5134 is my first target, if we get a break beyond that then expect market to fall around the 1.4800 area but my
is at 1.4701
Im anticipating the break out to happen very soon. Its looking like its going to break downside as we are seeing
some nice spinning tops and doj.
Lets not forget we had a Shooting Star on 24/05/16 and todays candle stick looking like its forming another one.
Wait for a Bearish candle stick closure outside the box.
1.5134 is my first target, if we get a break beyond that then expect market to fall around the 1.4800 area but my
is at 1.4701
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.