sinkarami

Analysis on EURAUD

Short
OANDA:EURAUD   Euro / Australian Dollar
In daily time frame, this pair is in a strong down-trend.
In 4 hour time frame, price was rejected by the trend-line.
In 1 hour time frame, price is in a down-trend and broke it's correction flag pattern, after completing a 5 waves of correction.
So we are going short on this pair.

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