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TheFalconTraderOfficial

EURAUD Swing Analysis

Euro / Australian Dollar (FX:EURAUD)  
TheFalconTraderOfficial  
FX:EURAUD   Euro / Australian Dollar
Harmonic Patterns Trend Analysis Chart Patterns forexanalysis Chart patterns swingtrading forexswingtrading reversalpattern
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harmonicpatterns trendanalysis chartpattern forexanalysis chartpatterns swingtrading forexswingtrading reversalpattern
Hey Traders,

EURAUD is in very interesting area at the moment.
If we look a at the way how is is coming down we can say that the strength to the sellers is high then buyers which shows us the sign that it will go for short but we have a very nice demand area at 1.57600.
snapshot
If we don not get reacted from demand zone with strength to the buy side then I'm expecting a short towards 1.56850.
Scenario 1.
snapshot
Scenario 2.
snapshot
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