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EURAUD: Bearish Outlook 🇪🇺🇦🇺

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Euro/Dólar Australiano (OANDA:EURAUD)  
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OANDA:EURAUD   Euro/Dólar Australiano
Parallel Channel Rectangle Multiple Time Frame Analysis EURAUD euro australiandollar aud forecast swing swingtrading swingtrade Contains image
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parallelchannel rectangle mtfa euraud euro australiandollar aud forecast swing swingtrading swingtrade containsimage
snapshot

EURAUD is trading on a key weekly structure resistance.
Once the underlined area was reached, the pair started to trade within a horizontal range for 9 consequent trading days.
Its support was finally broken yesterday.

I think that the pair may drop now.
Targets: 1.593 / 1.5717

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