Lingrid | EURAUD new EXTENSION. Short from the RESISTANCE

The price perfectly fulfilled my last idea. EURAUD fell from resistance and hit the target. The market broke through the support level, making a new extension downward. The price updated its lower lows and closed below support level 1.64000. The market is rolling back to the resistance zone. The price is pulling back to a level that was tested multiple times before. I expect the price to fall from the resistance level because the market has bearish momentum. My goal is a support level of around 1.62200


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻