OANDA:EURAUD   Euro / Australian Dollar
Price has been on a long and strong downtrend for a while. Currently price is contained by the weekly support at 1.6160 level where it has been ranging for a while.There is also an inside bar at the h4 time frame, a close below it and past the counter trend line could see price continue its bearish momentum to the 1.6050 level.ENTRIES ONLY TAKEN ON BREAK AND CLOSE BELOW COUNTER TREND LINE.
Trade closed: target reached
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