Lingrid | EURAUD ranging MARKET. Short

Overall, the market is ranging; EURAUD keeps bouncing between the resistance zone and support trendline in the downward channel. The price pulled back to the resistance zone after an impulse bearish move. The market is heading towards resistance at 1.65500 and an upward trendline. It formed a rejection candle with a long tail bar. I expect a fall from the resistance level because, first of all, the market is ranging, and second, we have triangle formation on the 4H timeframe. My goal is the support level at 1.64940


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻