Possible cup and saucer chart pattern on 1 and 4 hour timeframe
It's not perfect but it looks like there is a Head and Shoulder pattern in the EURAUD pair which could signal a strong downtrend in the upcoming period, especially if price holds under the 1,59 support it created since July 2019.
I know it’s a stretch but since trend seems to follow the expected pattern I’m guessing EURAUD could go down a lot?
