EURAUD(4H) has formed a very strong bearish price action. price already grabbed liquidity from monthly resistance and formed a clear reversal pattern. In the previous session price already has tested the neckline as resistance and we see a rejection. It is a high probability EURAUD will continue to drop as the long-term trend is down.
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Penafian
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.
