EURAUD: Classic Bearish Pattern
The EURAUD daily chart has formed a distinct head and shoulders pattern, indicating a potential reversal.
With the daily candle closing below the neckline, a key support level has been breached.
This breakdown suggests further downward momentum, targeting 1.6045 as the next significant level.
With the daily candle closing below the neckline, a key support level has been breached.
This breakdown suggests further downward momentum, targeting 1.6045 as the next significant level.
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