Lingrid | EURAUD range BREAKOUT. Short

The market is clearly in a bearish trend. EURAUD fell from the resistance zone and broke through the range zone as well. The price has been updating lower lows. Note that it broke the key level at 1.64000. And I think the market might form a small pullback and continue moving downward. As I always say, the consolidation/range zones act as support and resistance levels; therefore, I expect the price to roll back into the consolidation zone, followed by trend continuation. My goal is the previous support level at 1.63500


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻