EURAUD looks overbought after a test of a wide daily resistance cluster.
As a confirmation, the price broke a support line of a rising channel
and a neckline of a double top pattern.
I anticipate a retracement at least to 1.6286.
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✅Join My Telegram Channel: t.me/VasilyTrading
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.