Euro / Australian Dollar
Short

DeGRAM | EURAUD structure based trade

533
EURAUD is in a ascending channel and is in an uptrend on the 1H chart.

However, the price is near the structure resistance on the 4H chart. 

The market is decelerating at the psychological level at 1.61000.

Price is likely to go down from the resistance level and  fibo extension level.


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