Good day everyone,
Today holds some promising setups for us. However, patience is key when executing.
Let us hit the charts
1.EUR/USD
This pair was repeated in our Sunday analysis
The analysis on Sunday focused on the DAILY CHART. Today’s focus would be on the 4 hours chart. The resistance level (1.14687) on the descending channel is been re-tested. If price breaks out, we may see it hit 1.15239.
2. AUD/USD
A compromised resistance level within a descending channel has emerged. If this candlestick ends up with a clean break, we may see price hit 0.74190.
3.EUR/AUD
EUR/AUD is locked within a descending channel. The resistance level at 1.56644 may send price back to 1.56027.
Do have an awesome day ahead