EURAUD IS THE DOWNWARD TREND COMING TO AN END?

EURAUD is currently located in the 1.62 area, where we have a strong demand zone that has temporarily halted its downward movement. We will see if the price manages to reverse here and move upwards, creating a long setup with a potential take profit target around the 1.64 area, where we have significant volumes. All of this aligns with the Forex48 strategy.

Let me know what you think.

Happy trading to everyone.
Chart PatternseducationEURAUDForexFundamental AnalysisLONGpriceactionservicesetupsignalsstrategyTrend Analysis

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