EURAUD is in an ascending channel.
However, the price is near the structure resistance on the D chart.
Price is decelerating at the resistance level at 1.66500, and it has created a pinbar.
Price is likely to go down from the resistance level since we have strong rejection of the structure resistance.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
However, the price is near the structure resistance on the D chart.
Price is decelerating at the resistance level at 1.66500, and it has created a pinbar.
Price is likely to go down from the resistance level since we have strong rejection of the structure resistance.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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