EURAUD (SELL ODER 1.50%)

Name : EURAUD
( ❗️ Short After Break 1.65000 )

🧾 : WHY IS EURAUD GOING DOWN?
Central bank interest rates have a significant impact on currency exchange rates. If the European Central Bank (ECB) lowers interest rates or adopts a more dovish stance while the Reserve Bank of Australia (RBA) maintains or raises interest rates, it can attract foreign capital to Australia, leading to a stronger AUD and a weaker EUR.

——————————

Bearish Break
1.65000 Area
Reasons

Visible range Hvn
D / Turn level
Quarter's Area
Fixed Range
Liquidity / Accumulation


Bullish Reversal
1.62700 Area
Reasons

Major Turn level / W
Visible Range Lvn
Quarter's Area
Trend Line
D / W Low

——————————

Setup inspired by GoldenEngine Check him Out:)