HomeContributorsTechnical AnalysisEUR/AUD Aims Lower, While AUD/USD Can Face A Bigger Bullish Turn!

EUR/AUD Aims Lower, While AUD/USD Can Face A Bigger Bullish Turn!

In risk-on mode EURAUD may see a drop which turned down from interesting resistance, but still have to see lower trendline of an ending diagonal broken to confirm a top in place. This pair may come in play when AUDUSD completes wave five which is not the case yet…

EURAUD, 4h

Price on AUDUSD is still trapped in a triangle pattern, which is a continuation pattern, and points into a final leg lower.

AUDUSD, 1h

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