EURAUD has been in a strong bullish trend and made a top at 1.56.
The price took a hit from horizontal resistance and started its downtrend.
The price has currently broken below the long rising trendline.
Now the price has retesting the broken support.
We are expecting price can drop from here .
The bears will get control from here.
Manage your trades accordingly.
The price took a hit from horizontal resistance and started its downtrend.
The price has currently broken below the long rising trendline.
Now the price has retesting the broken support.
We are expecting price can drop from here .
The bears will get control from here.
Manage your trades accordingly.
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