EURAUD: Bearish Forecast

snapshot

hey guys,

recently EURAUD has formed a peculiar rejection candle testing a falling trendline on a daily.

on 4H chart we see a lower high formation and confirmed break below the minor support.

I believe that now we can expect further bearish continuation to 1.610 / 1.604 levels.

audaustraliandollarChart PatternsEUREURAUDeuroForexfxTechnical AnalysistradingTrend AnalysisWave Analysis

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