EURAUD holding below descending trendline resistance. A short term drop below our 1st resistance at 1.59728 towards 1st support at 1.58748 could be expected. Technical indicators are showing room for a further drop as well.
FX.co ★ EURAUD holding below descending trendline resistance! Drop incoming!
Relevance until
EURAUD holding below descending trendline resistance! Drop incoming!
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade