If price can break the 0.618 level, we can expect that it will complete the formation of the M, where it would then be a high probability of price retracing at LEAST back to the 0.618 level.
EURAUD is inverse to AUDCHF which is showing the exact opposite producing 3 W formations.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
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