EURAUD Bearish Candle Rejected from 1.5730 SR Level

Hi Traders,

This pair is bearish and we are adding Short Positions in this pair. Now again there is a chance to enter in sell due to following confluences.

1. Downward Channel
2. Price Reject from S/R area (1.5730)
3. Engulfing Red Candle
4. Daily Bearish Trend.

Lets See how price action unfolds.