ClearTradingMind

EUR/AUD Analysis: Anticipating Bullish Reversal Post Downtrend

Long
FX:EURAUD   Euro / Australian Dollar
The chart shows a downtrend with a strong initial movement, followed by a series of price fluctuations. After a downward sequence, the analysis suggests a potential upcoming bullish reversal, with key levels highlighted that could act as support zones for this change in direction.
Comment:


The chart analysis suggests that the price has broken through the current support level and is trending downward, which could indicate a continuation of the bearish momentum.

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