EURAUD - DAILY - Down Channel

EURAUD - DAILY CHART. Formation of a huge shooting star - no confirmation candle. However, I believe price will continue trading inside the channel then test the 1.56000 support and go for breakout. Since AUD is getting weaker we could a immediate breakout of the channel as soon as the market open (Monday - Tuesday).
Chart PatternsEURAUDForexforexscorpionfxscorpionTrend AnalysisWave Analysis

Disclaimer