EUR/AUD: Short from 1.4500 Resistance area 50 SMA - SELL

29 ago 2022

EUR/AUD strongly correlated with EUR/USD , in the last sessions after a strong bullish impulse, a pullback in area 1.45, almost touch the 50% Fibo Area and the dynamic trendline but finds a Resistance on the 50 Moving average where today the price still struggling to decide the direction to take, in continuation of the main trend ( Bearish ) or have a correction to the upward of the chart looking for another area where rebounding.