Possible Sell Trade Setup On EURAUD

Hey Traders,

Check EURAUD out, the pair has been on a very tight uptrend after breaking above the upper band of the WEEKLY descending channel.

Now, the market got a fast rebound from the OB, and then commence a new bearish trend phase to retest the broken band or make a deeper flow below.

Additionally, the price made a complete Head and Shoulder pattern and could support the take on the bearish momentum.

The worth looking into.