EUR/AUD H1 & H4 & Daily Update

Deep retrace in wave 2 into 61% of whole wave 1 after price got rejected from SUPPLY area  of 1.2550.
Right now if the lower DEMAND area woukd get broken through, we might expect deeper pullback in shape of Double Zig-Zag - this count has been presented on H4 bigger picture chart.

All info on charts.

Take care,
Seb