Euro / Australian Dollar
Short
Updated

EURJPY H4

206
Price previously broke the ascending channel to the downside with a strong bearish impulsive move. Price has pulled back for a correction, & retested a previous area of key support structure now as resistance 4 times, & this candle has closed as a Doji bearish reversal candlestick. I am anticipating now for price to enter back into the impulsive stage of the new downtrend, for a potential lower low into the key areas of support below.
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snapshot Lower timeframe outlook:
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This is EURAUD ++ Typo sorry.
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snapshot

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