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EURAUD: Bearish Forecast

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Euro / Australian Dollar (FX:EURAUD)  
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FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Wave Analysis Forex trading Technical Analysis EUR aud EURAUD euro australiandollar fx
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trendanalysis chartpattern waveanalysis forex trading technicalanalysis eur aud euraud euro australiandollar fx
snapshot

hey guys,

recently EURAUD has formed a peculiar rejection candle testing a falling trendline on a daily.

on 4H chart we see a lower high formation and confirmed break below the minor support.

I believe that now we can expect further bearish continuation to 1.610 / 1.604 levels.

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