Hey tradomaniacs,
in confluence with my expectations for a falling stockmarket I expect EUR/AUD to break out of the current correction very soon, especially after the recent stop-hunt to the downside which is often a final move before the price turrns around.
There is a chance to see a re-test of that hunt-zone, but overall I expect price to move up very soon! Classic correction-pattern!
What do you think?
in confluence with my expectations for a falling stockmarket I expect EUR/AUD to break out of the current correction very soon, especially after the recent stop-hunt to the downside which is often a final move before the price turrns around.
There is a chance to see a re-test of that hunt-zone, but overall I expect price to move up very soon! Classic correction-pattern!
What do you think?