EURAUD

Hi All,

As per my EURAUD analysis, this pair has been in a downtrend for a while now and I think that is about to end. There is a strong support zone coming where if you zoom out on the daily chart you'll see this pair has reversed from that particular support area. I think short term downtrend to continue with a minor pullback towards the break of the channel and reverse towards this strong support.

Purely my views and any positions held is at your own risk.

Thank you.