EURAUD 4H Trading Wave C [UPDATE]
Price is bouncing at resistance level (1.56500).
If Price breaks Resistance, our next Bullish Target will be 1.60000 area.
If Price fails to break Resistance, price may revisit 1.53000 forming a trading range scenario.
However, since Price reacted from Weekly support area at 1.53000 area, there is high probability for Price to break the 1.56500 area this week and quickly accelerate to 1.6000 area.
#CapturingLowHangingProfits.
If Price breaks Resistance, our next Bullish Target will be 1.60000 area.
If Price fails to break Resistance, price may revisit 1.53000 forming a trading range scenario.
However, since Price reacted from Weekly support area at 1.53000 area, there is high probability for Price to break the 1.56500 area this week and quickly accelerate to 1.6000 area.
#CapturingLowHangingProfits.
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