EURAUD: Rejection at the top of the Channel Down.

Euro / Dollar Australien (FX_IDC:EURAUD)

FX_IDC:EURAUD Euro / Dollar Australien

trendanalysis harmonicpatterns chartpattern euraud currencies euraudtrading forex forextrading eur aud euro australiandollar

EURAUD has turned marginally bearish on its 1D technical outlook (RSI = 44.934, MACD = 0.000, ADX = 23.651) and dropped under the 1D MA50 and 1D MA200. This happened at the top of the Channel Down. We turn bearish, aiming at a symmetric LH wave of -4.31% (TP = 1.60250).

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