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DeGRAM | EURAUD broke and closed below consolidation

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Euro / Dólar Australiano (FX:EURAUD)  
DeGRAM  
FX:EURAUD   Euro / Dólar Australiano
Trend Analysis Support and Resistance Chart Patterns euraudanalysis euraudsignal
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trendanalysis supportandresistance chartpattern euraudanalysis euraudsignal
EURAUD is trading in the descending channel. It is creating AB=CD pattern.

The market consolidated for a while, and it broke and closed below it.

Price action is printing HLs and LLs and is likely to go down.

We expect a bearish move to retest the support level.


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