EURAUD has been trading in a strong Bearish Trend. A Symmetrical Triangle Pattern has been observed on the 1 hour timeframe, which further confirms the continuation of the downward trend.
If price breaks through the 1.62855 level, a short position should be triggered as follows:
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.