YGForex

Falling Price Level For EURAUD....

Short
FX:EURAUD   Euro / Australian Dollar
We can see a potential retracement for EURAUD which recently breakthrough several resistance level. (Green Circle) However, EURAUD was not able to breakthrough the resistance @1.9060 price level and bearish candle starts to form. Definitely, it is possible for a retest in price level on that resistance level but most importantly we are seeing a downtrend for this pair which may fall all the way to 1.7085 price level.

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