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Pika7993

Market open analysis

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Euro / Dólar Australiano (FX:EURAUD)  
Pika7993  
FX:EURAUD   Euro / Dólar Australiano
Trend Analysis Technical Indicators Chart Patterns support Support and Resistance srsi priceaction EURAUD Relative Strength Index (RSI)
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trendanalysis indicator chartpattern support supportandresistance srsi priceaction euraud relativestrengthindex
Presented is a 1 hr chart analysis for market open.

We see a sharp pivot off top whole number resistance 1.58300.

Our main support retest off this pivot is 1.57300 with a potential early pivot at 1.57500. An early pivot may signal a breach through top resistance.

I sentiment a retest of bottom support with a pivot to retest top resistance continued by a bull/bear tug of spear to breach through the top.

Potential scenario presents a breach through main support to retest 1.56900.

RSI, MACD, and SRSI indicate sell off to retest at least main support.

Please comment with thoughts and ideas. Thank you.

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