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EliteTradingSignals

EUR/AUD BEARISH BIAS RIGHT NOW| SHORT

Short
Euro / Australischer Dollar (FX:EURAUD)  
EliteTradingSignals Aktualisiert   
FX:EURAUD   Euro / Australischer Dollar
Trend Analysis Chart Patterns Wave Analysis EURAUD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis euraud short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

EUR/AUD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.634 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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