EURAUD Intraday Sell Idea

D1 - Price is bouncing lower from a strong resistance zone.

Currently it looks like a correction is happening.

H4 - Currently it looks like the correction is happening in the form of double wave down.

No signs of trend change.

Until the strong resistance zone holds I expect the price to move lower at least towards the key support zone in the short term.


Bearish PatternscorrectiondoublewavecorrectionEURAUDMultiple Time Frame AnalysisSELLSupport and ResistanceTrend Analysis

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