EURAUD: Classic Pullback Trade From Resistance ๐Ÿ‡ช๐Ÿ‡บ ๐Ÿ‡ฆ๐Ÿ‡บ

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EURAUD looks quite oversold after a test of a wide, key daily resistance.

We see a double top formation after its test and a local sign of strength of
the sellers with the violation of its horizontal neckline.

The price may drop to 1.6267 level.

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