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EURAUD: Bearish Outlook Explained 🇪🇺🇦🇺

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EURAUD violated a strong horizontal daily support cluster on Friday.

This area is also the neckline of a head & shoulders pattern.
Its breakout always provides a strong confirmation.

I will expect a bearish continuation at least to 1.6375 level next week.


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bestforexsignalsCandlestick AnalysisEURAUDForexforexsignalsforextradingsignalsHead and ShouldersSupport and ResistanceTechnical Analysistrading
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