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DeGRAM | EURAUD bearish opportunity from the confluence

Short
Euro / Australian Dollar (FX:EURAUD)  
DeGRAM  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Support and Resistance euraudanalysis euraudsignal
5
1
trendanalysis chartpattern supportandresistance euraudanalysis euraudsignal
EURAUD broke out of the descending channel and is testing the resistance level.

The market created the bearish harmonic pattern. The market overall is in a bearish trend. 

Price is likely to go down from the resistance level and retest the channel border (support).

We expect a bearish move from the conflunnce level.



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