Euro / Australian Dollar
Short

DeGRAM | EURAUD structure based trade

812
EURAUD is in a descending channel and is pulling back to the upper border of the channel.

However, the price is near the structure resistance on the 4H chart. 

The market is decelerating at the resistance level at 1.66000.

Price is likely to go down from the resistance level and  fibo golden zone 61.8%.


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