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DeGRAM | EURAUD false breakout

Short
Euro / Dollar Australien (FX:EURAUD)  
DeGRAM  
FX:EURAUD   Euro / Dollar Australien
Trend Analysis Chart Patterns Support and Resistance euraudanalysis euraudsignal
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7
trendanalysis chartpattern supportandresistance euraudanalysis euraudsignal
EURAUD is in a ascending channel. But

The market made a shallow higher high, then the price was pushed back below the resistance level 1.55650. False breakout

Bull are running out of steam and the market is likely to restest the support level.

We expect bearish move.


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