EURAUD is near a decision price level as it just tested 200 EMA (Daily) and also the daily trend line. For more see on the chart. Good luck!
Kommentera
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Price tested daily trend line and 200 EMA (daily) and reversed. Now at the top of the structure we have a Gartley pattern on 240 min time frame that was violated by only 24 pips. My view on this setup: First scenario: If Garley pattern is still valid we can see a strong move to downside for another retest the of the daily channel.
Second scenario: If Garley is not valid, we can see a retest of the structure up to the green zone and then price can move very strong to upside.