EURAUD did not have a strong ground below and therefore is still vulnerable to the downside pressure. We need to look for the nearest support and resistance levels to determine the mid/long term direction, which currently is in favour of the downtrend continuation.
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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.