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EURAUD: Key Level & Potential Pullback

Long
Euro / Australian Dollar (OANDA:EURAUD)  
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OANDA:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Wave Analysis EURAUD australiandollar swing aud trader Currencies fx money
37
14
trendanalysis chartpattern waveanalysis euraud australiandollar swing aud trader currencies fx money
snapshot

EURAUD is one more time approaching a key daily structure support.

on 4H the price is currently trading in a local bearish trend and follows the boundaries of a falling wedge pattern.

In case of a breakout of wedge's resistance (4H candle close above) chances will be high that bullish movement will start.

goals:
1.645
1.654

(in case of a new lower low lower close below the yellow structure, setup will be invalid)
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