EURAUD - Technical's Herald a Prospective Bearish Reversal
The EURAUD has recently been in a bullish trend, but several technical indicators suggest a potential shift. The presence of a bearish divergence, the completion of an AB=CD pattern, and the break of the neckline at 1.63781 indicate a possible bearish reversal. A sell opportunity could emerge if the price action forms a lower low, breaking the previous higher low. Stay alert for these signals.
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Pattern invalid. Time to re-analyze.
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