EURAUD - Falling further?

PAIR IN FOCUS: EURAUD
ACTION: SHORT
HORIZON: SHORT TO MEDIUM-TERM

Price has formed a lower high and broken recent new low. This could signal further bearish momentum and we look at the TP levels to gauge where price could bounce off from. Watch for bearish price action before any SHORT entry.

The TP levels and Stop Loss are indicated on the chart. Remember to manage your risk!

Feel free to discuss and comment, Cheers!

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