EURAUD-bearish cypher at a key area

FX:EURAUD   Euro / Australian Dollar
1034 4 15
This pair is making a rally towards a strong resistance level on D1 chart.


I expect a this area to be respected, im placing a price "trap" as a bearish cypher .

Best regards.
Euro was very bullish at this time.
update: stopped out by few pips, such things happens
+1 Reply
It's finding some resistance at the moment. I also noticed the RSI (14) is oversold which can be a further confirmation :)
Nice I was just looking at the pattern
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