EURAUD: Technical Outlook & Your Trading Plan Explained🇪🇺 🇦🇺

snapshot

EURAUD is currently retesting a recently broken horizontal support.

To sell the market with a confirmation, pay attention to a bearish
flag pattern formation on a 4H time frame.

Bearish breakout of a support of the flag and a 4H candle close below that
will give you a strong bearish signal.

A bearish continuation will be expected at least to 1.6465 level then.

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EURAUDFlagParallel ChannelpriceactionpriceactionsignalspriceactionstrategypriceactiontradingTrend Lines

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