RLinda ! EURAUD-> Continuation of the fall from resistance

2023年1月30日

EURAUD has been in a strong downtrend for quite a long time.

The price is forming a technical pullback from the limit support zone 1.52800. The resistance zone is of key importance against the backdrop of the downtrend. Earlier, after the upward shakeout, the price returned to the range again and we can say that there are no prerequisites for the price to exit the channel yet.

I believe that in the nearest future the price will test the resistance area of the downtrend and will continue its fall to 1.528.

Regards R.Linda!