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ThinkingAntsOk

EUR/AUD Waiting for a Breakout + Pullback

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Euro / Dólar Australiano (FX:EURAUD)  
ThinkingAntsOk  
FX:EURAUD   Euro / Dólar Australiano
Trend Analysis Multiple Time Frame Analysis EUR aud EURAUD LONG Bullish Patterns analysis setup
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trendanalysis mtfa eur aud euraud long bullish analysis setup
🔸DAILY CHART EXPLANATION:
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🔸Price has been on a corrective move for the last weeks without clear direction on this timeframe.
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🔸The last week, it bounced at the Resistance Zone.
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🔸We consider that this pair has bullish potential, but first, we are waiting for a breakout of the Resistance Zone and then for a retest before consider a bullish trade.
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🔸 The potential target of the movement if our forecast is valid, is the Resistance Zone at 1.7400.
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