EURAUD is in a ascending channel and is in an uptrend on the 1H chart.
However, the price is near the structure resistance on the 4H chart.
The market is decelerating at the psychological level at 1.61000.
Price is likely to go down from the resistance level and fibo extension level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
However, the price is near the structure resistance on the 4H chart.
The market is decelerating at the psychological level at 1.61000.
Price is likely to go down from the resistance level and fibo extension level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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