EURAUD looks to be in a Wyckoff Distribution pattern, awaiting UTAD formation to confirm sell bias. I would enter on a lower timeframe retest of the UTAD area using price action to confirm the sell.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
