EURAUD Analysis: Opportunity to Sell at 1.66925?

My analysis shows that the EURAUD currency pair is currently at 1.66925 with a high probability of a sell (sell) trade.


Strong resistance at 1.66925: The 1.66925 level forms a strong resistance zone with the convergence of several resistance levels.

Forecast:

EURAUD is expected to move down from the 1.66925 level.

The first downside target is at 1.65700.

If it crosses 1.65700, we can predict a decline to 1.64500.

important points:

Pay attention to risk management and the use of stop loss in your transactions.

This analysis is for informational purposes only and does not constitute investment advice

Trade closed: target reached