Analysis of the Australian euro pair

Analysis of the Australian euro pair

The pair is still following a strong uptrend as a result of previous consolidations The pair has approached important supply areas and is expected to correct soon .

It is possible that we will see some corrections from the display areas for the 4-hour frame As shown on the chart,

the decline may extend to the last areas of demand .

The analysis fails by closing above the display areas shown on the chart .