EURAUD: WITHIN A MAJOR CHANNEL!

snapshot

In April the pair has returned back within the boundaries of a major rising channel.

now the price is retesting its resistance and chances are high that the price may drop from that.

goals for sellers:
1.664
1.631

if the price breaks above the resistance,
bias switches to bullish!
australiandollarChart PatternsEURAUDeuroforecastForexmarketsTechnical AnalysistraderTrend AnalysisWave Analysis

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