EUR/AUD:
The EUR/AUD D1 chart is now higher again today after several days of consolidation. Although the general trend is still in a downtrend, you can wait for the price to go short when it touches the 0.618 position. Looking for opportunities to catch callbacks while waiting.
The price on the H1 chart also continued to move long after hitting the Fibonacci backtest of 0.618. The EUR/AUD is sustainable for now. The target price can target the 1.272 Fibonacci extension line.
Order suggestion:
Do more short-term lows. The general trend waits to hit the upper resistance level to deploy a short order.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.
