Hello traders! ‼️ This is my perspective on EURAUD.
Technical analysis: We are here in a bearish market structure on 1H timeframe, as price changed the character. I expect bearish price action after the price took buy stop liquidity and rejected from institutional big figure 1.64000. There is also a probability that price will go a little bit higher and then to reject from bearish order block.
Fundamental analysis: Next week on Wednesday we have news on AUD, will be released quarterly and yearly CPI. Pay attention to the results in order to secure the trade.
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