EURAUD Sitting Comfortably! For Now......

Good afternoon ladies and gentlemen

As we may expect around a RN, there is not much action happening at the moment with price in a range between the break of the previous pivot and the RN acting as a S Level. On the 4 hour chart below we can see the formation of a candle stick pattern which may be the catalyst for a break past the RN and for possible easy profits. Lets hope the trend is our friend! Stochastics is matching price on the 4 hour chart but is still giving a false reading on the daily which is a positive sign!




I will leave you to do your own analysis and will leave you with this thought "It is not the length of life, but the depth of life!"

Till tomorrow

Abundance is your Birth Right

Zaheer Anwari