EURAUD: Breakout & Bearish Continuation 🇪🇺 🇦🇺

٢٩ سبتمبر ٢٠٢٣

https://www.tradingview.com/x/L55FkYiQ/

EURAUD broke and closed below a support of a horizontal trading range on a daily.

Taking into consideration the fact that the pair is trading in a minor bearish trend
since the middle of August, such a violation may signify the remaining strength
of the sellers.

I expect a bearish continuation to 1.6275

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