EURAUD have broken thru 1.4821, the price then rally to fibo 0.786 @ 1.4958 and closed back down @ 1.4916. The candle have form Inverted Hammer which might suggest that the move lower is ahead. If the price push thru 1.4732 then the price might retest july low 1.4417. Bearish invalidation only above 1.5020
Note
Well, looks like Euro is much stronger than AUD on friday thus EURAUD have turn bullish
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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.