EUR/AUD Daily time frame is back at
the 1.6250 future high price. The market
usually falls near this price point. Unless
the market breaks bullish and closes
above 1.6250 I am going to turn to the
smaller time frames and will look for
counter trend line breaks towards the
long term target of 1.3800 about +2,448
Pips away.
There is a short term future low price at
1.5550 where the market has shown history
of pushing back towards the 1.6250 price point
If the market does not close below 1.5550 it
has history of pushing back up towards 1.6250
the 1.6250 future high price. The market
usually falls near this price point. Unless
the market breaks bullish and closes
above 1.6250 I am going to turn to the
smaller time frames and will look for
counter trend line breaks towards the
long term target of 1.3800 about +2,448
Pips away.
There is a short term future low price at
1.5550 where the market has shown history
of pushing back towards the 1.6250 price point
If the market does not close below 1.5550 it
has history of pushing back up towards 1.6250
