DeGRAM

DeGRAM | EURAUD pullback from resistance

Short
FX:EURAUD   Euro / Australian Dollar
EURAUD is creating a potential head-and-shoulder pattern at the resistance level.

The market is losing momentum while approaching resistance and dynamic resistance.

Price essentially made a false breakout of the resistance indication that bulls run out of steam.

We expect 50% retracement and a test of the support.


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