EURAUD is heading towards the support line of a Channel Down. If this movement continues, the price of EURAUD could test 1.7589 within the next 23 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
EURAUD is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
