FX:EURAUD   Euro / Australian Dollar
This currency pair entered the correction phase after hitting the supply area of the 3-day time frame, and after breaking the long-term upward trend line, the trend seems to have changed. Now reaching the 4-hour supply area, which is moving into a channel with compression towards the area, we expect the price to continue its downward trend after hitting the area to reach our desired demand areas. Then there we analyze the price behavior of the chart.

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