EUR/AUD:SELL From 61.8% FIBO Resistance Level for a SHORT Setup

EUR/AUD inside a Bearish trend, in the last session, is struggling on the level where there is a confluence of clues for a new push down in the direction of the main trend. The price Today had a rejection on the dynamic trendline also with the presence of the 61.8% FIBO Level and the resistance zone. The price had just broken out of the rectangle of accumulation created before and seems ready to drop.
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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.