EURAUD – 1H Timeframe Bearish Outlook
The EURAUD pair appears to be forming a potential bearish trend following a recent pullback. Yesterday's price action was influenced by key economic events, pushing the pair to test a significant horizontal resistance level. After rejecting this resistance, the price shows signs of a bearish reversal.
Key points:
Take Profit 1.73500
Take Profit 1.73060
you may keep see details and taking profit with long-term Point.
The EURAUD pair appears to be forming a potential bearish trend following a recent pullback. Yesterday's price action was influenced by key economic events, pushing the pair to test a significant horizontal resistance level. After rejecting this resistance, the price shows signs of a bearish reversal.
Key points:
Take Profit 1.73500
Take Profit 1.73060
you may keep see details and taking profit with long-term Point.
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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.
Disclaimer
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.