In previous analyzes of #EURAUD we expected to return to the support line again.
As you can see, this return to the bottom was only as close to the support line as the bullish correction wave was strong.
In the 4-hour time frame, we expect the uptrend to continue in this pair.
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Aside from the seductive chart that promises to change trend and rise, but in my opinion #EURAUD is still not possible to change trend from this point.
The support line seems to have to be restarted or broken down.
We will update the analysis if we see confirmations of a trend change on the chart.
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#EURAUD analysis move same as last analysis at February 12, 2020 RESULT and moved 5pips downward . in h4 timeframe the downtrend is not so strong but i cant see any reversal confirmation yet.
its better to wait until getting a confirmation of reversal then we would predict the next movement of euraud.
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