EUR/AUD, the monthly candle is extremely bearish after failing to break yearly high's, Breaking the trend line will open up many possibilities and even dropping back to 1.59. Since the 20th of August we have been in a bull trend, Three attempts at 163.550 and all failed.
AUDEUR Trading the S/R Levels and Zones
Short term Correction rebound to resist zone and then retreats towards the downside support zones
All S/R Zones has power to reverse the trade, but once broken with a closing candle Support zone will become Resist zone, and Resist zone will become Support zone.
Only trade when levels in zones are touch...