EURAUD

💡The analysis shown in this image represents a technical analysis of the EUR/AUD currency pair on a 4-hour time frame. The graphic shows a descending price channel with defined support and resistance areas. The analysis seems to indicate that the price is close to a resistance area (R.1) after a bounce from support, and traders are anticipating a possible reversal at these levels.
⛔️It is not investment advice, for educational purposes only.