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ForexWizard01

EURAUD preparing for a big drop!!

Short
Euro / Australian Dollar (OANDA:EURAUD)  
ForexWizard01  
OANDA:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Technical Indicators EURAUD euraudshort euraudsignal euraudforecast euraudanalysis euraudsignals euraudsell euraudtrade euraudbreakout
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trendanalysis chartpattern indicator euraud euraudshort euraudsignal euraudforecast euraudanalysis euraudsignals euraudsell euraudtrade euraudbreakout
EURAUD has formed strong bearish price action on the 4H timeframe. The price is already long-term bearish. After the previous month's bearish engulfer, this moths price already retraced, now preparing for a big drop to create a new lower low!
The current price has broken the previous swing high, grabbed liquidity, and started to drop with 4H bearish engulfer

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