+ Price is continusing the move to the down side (bears are in control)
+ Currently, price is respecting the new resistance (rejection spotted multiple times)
+ I will be looking to short this pair and target the next nearest support as a first target
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EURAUD bounce in a range bound, the price is rejecting the resistance zone therefore I am looking at a good opportunity to short.
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment...