Description
⋅ EURAUD is trading in the descending channel.
Price is moving in the range between support and resistance levels, which coincides with the 50% Fibbonacci retracement level.
Price action is printing HLs and LLs and is likely to go down.
We expect a bearish move to retest the support level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!