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An unexpected large move has occurred on ETHAUD Daily chart! Is this a sign of something new? What can we expect?

ETHAUD dropped sharply for 15 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in ETHAUD there is a chance that we will witness a correction, no matter how brief.

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Important support line being approached by Natural Gas. This price has been tested numerous time in the last 15 days

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A Channel Down has formed, AMD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

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