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EUR/AUD: Short Setup in the making

Short
Euro / Australian Dollar (FX:EURAUD)  
WallStreetIntelligence  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Wave Analysis Chart Patterns EURAUD euraudshort Forex swingtrading swingsetup h4
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trendanalysis waveanalysis chartpattern euraud euraudshort forex swingtrading swingsetup h4
EUR/AUD: Short Setup in the making

> EUR/AUD shows a structureal break: lower high with lower low after upward move

> short-term trendchannel is broken as well

> POC printed above current price levels, wich indicates heavy bank selling

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