Hello Traders,
Let’s hit the charts and see what trading opportunities we got…
1. EUR/AUD
On the daily chart, we have price on the EUR/AUD testing resistance level 1.62450.
If the daily candlestick closes above the resistance level as a Marubozu, we may end up seeing the bulls push price to the next resistance level (1.63552).
On the other hand, if the daily candlestick closes below the resistance level with a huge wick, we may be seeing a sign of the arrival of the bears, which may push price to support level 1.60608.
Wishing you a pip-full day ahead.
