EURAUD just reached some potential resistance zones, which can offer some bearish pressure and push prices lower. If that were the case, then we would expect a five wave move lower to develop early next week and ideally breach below the previous swing low of wave B at 1.4875 level. That said another indication for more weakness would also be a breach below the lower channel line.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
sajjad143
Its very good effort please visit my blog to get daily forex forecast based on elliot wave analysis https://dailychartsharing.blogspot.com/
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ew-forecast
sajjad143
@sajjad143, Yes EURAUD was amazing.
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