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EUR/AUD BEARS WILL DOMINATE THE MARKET|SHORT

Short
Euro / Australian Dollar (FX:EURAUD)  
EliteTradingSignals  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Wave Analysis EURAUD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis euraud short sell trading bearish forex forecast tecnhicalanalysis containsimage
snapshot
Hello,Friends!

EUR/AUD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 7H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.632 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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