EURAUD reached a strong major daily trend line.
On that the price was nicely rejected and just recently formed a bearish engulfing candle.
Moreover, if you zoom out the chart you may see a tiny little double top there.
I guess the pair is quite overbought now and pullback will follow.
Goals:
1.5825
1.5805
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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.