EURAUD: Time to Sell! 🇪🇺🇦🇺

12 באפר׳ 2022

Hey traders,

EURAUD is trading in a long-term bearish trend.
Setting a new low in April, the pair retraced to a major falling trend line on a daily time frame.
From that, I was looking for a confirmation to short.

On an hourly time frame, I spotted a double top formation.
Its neckline breakout will most likely trigger a bearish trend continuation.

Goals:
1.456
1.4517

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