EURAUD is heading down

FX:EURAUD   Euro / Australian Dollar
EURAUD according to my analysis will go up first touching the 61.8% Fibonacci retracement level of the price 1.63828, before finally going back down again. If it turns out to be moving but crawling up past the price of 1.64196, it is possible that EURAUD will move up.
Trade active: It turns out that EURAUD has immediately fallen after touching the 38.2% Fibonacci retracement level ratio.
Trade closed: stop reached: Hit a stop loss at the price 1.63955.