EURAUD has been trending downward on the 4H timeframe which was also complemented with a downtrending trendline with two touches we also anticipate the third touch on the trendline for a possible SELL
Price is currently approaching a significant psychological key level of 1.47000.
Will there be a break above or rejection on that level ?????
WATCH OUT
1. Third touch on the trendline
2. Price action candlestick
3. Market behavior