Hello traders,

today I would like to present you my view on EURAUD. On D1 chart you can see that we are in down trend (lower lows, lower highs) from beginning of this year with high at 1.5833 from January. Recently price broke important support level at 1.4500 and now is trying to move lower to next important support at 1.4200.

Opportunity for trade. As you can see we broke 1.4500 and price made pullback to retest this level. What is important yesterday candle was huge and obvious bearish engulfing bar with swing high. When price will break low of yesterday BEEB we can see move down to 1.4200.

Safe trading and be patient !
Paweł
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