FX:EURAUD   Euro / Australian Dollar
EUR/AUD has been delivering bearish over the last month. Recently however we have had a change of character on the 4 hour chart which provided a nice clean break. While Short term I expect downside movement there are two points of interest that catch my attention for long positions. The first being the daily imbalance resting at the first white line and holding the internal structure. The second is just below the internal structure which would act as liquidity being fed into the second white line that is a daily unmitigated wick.

CipherFx
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