Reversal on EURAUD off of daily level

٥ يونيو ٢٠٢٠

EURAUD traded down to the daily level around 1.609 and reacted sharply. You'll notice that it made another sell off attempt on the morning of June 3rd. This failed really quickly and price is testing the 1.632 level over on the 4-hour time frame. Price stalled at this level and should be rallying during the overnight session.