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EUR/AUD BEARISH BIAS RIGHT NOW| SHORT

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Euro / Australiensisk dollar (FX:EURAUD)  
EliteTradingSignals Uppdaterad   
FX:EURAUD   Euro / Australiensisk dollar
Trend Analysis Chart Patterns Wave Analysis EURAUD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis euraud short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

EUR/AUD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.634 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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