EURAUD (16-20Jan2017)
Bearishness is in tact.
Sitting @ multi-week support zone 1.415 is acting as strong support. Expect to revisit 1.4175,1.416 before breaking up 1.425 to 1.430,1.438,1.4425
Buy – 1.416,1.412SL- 1.406TP-1.43,1.438,1.442
W1-Bearish (Down for 2 consecutive weeks)
D1-Bearish(13Jan2017 shows indecision candle Doji?)
H4-Bullish sign is showing?(immediate retracement to 1.416 is possible next week)