EUR/AUD Update 1: Post News Release Daily Outlook

Following my hourly outlook post yesterday that was pre news we did indeed pullback near to the top of the hourly trendzone before dropping into a bearish market today after negative high impact news adding to the confluence of the bearish ascending triangle breakout which has had multiple key resistance retests to assure the trend reversal process has begun.

I have exited my buys from last night and will be looking to take a long swing short giving that we have added confluence today I will then look for a good entry point and manage my risk accordingly.

What are your thoughts?