EURAUD: Pullback From Trend Line

٢٨ يناير ٢٠٢١

EURAUD reached a strong major daily trend line.

On that the price was nicely rejected and just recently formed a bearish engulfing candle.
Moreover, if you zoom out the chart you may see a tiny little double top there.

I guess the pair is quite overbought now and pullback will follow.

Goals:
1.5825
1.5805

٢٩ يناير ٢٠٢١

ملاحظة

Check my new idea on AUDJPY: