The EURAUD has formed a significant head and shoulders pattern on the daily chart.
There has been a clear violation of the neckline with a daily candle closing below it.
This suggests that the pair is likely to decline further, with the next target being 1.6045.
There has been a clear violation of the neckline with a daily candle closing below it.
This suggests that the pair is likely to decline further, with the next target being 1.6045.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.