EURAUD 100 pip drop

Taking a look at the Daily chart on EURAUD shows us that we are now moving towards a bearish leg playing out on the currency. What were seeing on this 15 min chart is a small ranging area of structure that price has moved into while making a longer term bearish leg. I believe that we'll soon break this bearish leg to the downside and continue a steady drop down to the lower support.
Chart PatternsTrend AnalysisUSDCHFusdchfshortusdshortWave Analysis

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