EUR/AUD has been seeing bearish momentum for a couple days, we are seeing price is struggling on a key level with some fake outs below the area. Price is currently consolidating under this key level and, usually when we see this type of behavior, price is accumulating and collecting sell orders in order for a bullish break out. I am targeting a daily range and do not see any traffic stopping price from reversing before 1.61966. Easy 1:5 RR.
Chart PatternsHarmonic PatternsTrend Analysis

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