Downtrend time for EURAUD

That was a sweet send back from 1.5868 and now a resell at 1.62 , I for one wouldn't expect another strong bounce from that region, I see it testing 1.566 region and later on a breakout from the trend line. The first stop if that happens is 1.526. Hopefully it plays out nicely. Cheers 🍻
Supply and DemandSupport and ResistanceWedge

Also on:

Disclaimer