EURAUD is very interesting and I'm looking for a wave C higher on the daily time frame. Short term I would like to buy the continuation and see whether it breaks bullish from here. However I think that a triangle scenario is very likely which indicates that we will see another bearish leg first.
First things first which is a potential bullish continuation.
consolidation still in progress. possible short term sell within the corrective structure.
Operación activa
⋅
I'm also short EURAUD from the break after my previous post last week. I didn't update GBPAUD which was looking the same but moved more already. However I believe EURAUD will follow as well and there is more to come, watch for minor consolidations. updates will follow.