EURAUD: Classic Bearish Pattern
The EURAUD has formed a significant head and shoulders pattern on the daily chart.
There has been a clear violation of the neckline with a daily candle closing below it.
This suggests that the pair is likely to decline further, with the next target being 1.6045.
There has been a clear violation of the neckline with a daily candle closing below it.
This suggests that the pair is likely to decline further, with the next target being 1.6045.
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