FX:EURAUD   Euro / Australian Dollar
At the moment, price is travelling in between the resistance area of 1.59000 and the support area of 1.57200. Price has recently rejected the resistance area, with that, I’m expecting price to go back down to the support area mentioned. By the looks of it, there’s a possible head & shoulder pattern to help the bearish momentum.
Order cancelled
Disclaimer

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.