EUR/AUD - Trend Continuation (Short) on Radar
Hi Traders
Today when I was looking at the charts I found a potential opportunity which may rise in a week or so as I showed expected move with blue arrow. We are seeing that Euro is getting weaker & Aussie dollar is getting strong against US dollar so consequently they may start a downtrend in their pair.
What I am looking is a downward break of 1.4450 level to go in the old range & then retest of this level. If its turns out as I am expecting then it will be a second cycle & would give us good opportunity to go short.
