EURAUD hits -850 points SL after breaking down higher lows.

EURAUD higher low Broken

EURAUD hits the strong support zone after 4 months and it’s bouncing back, check the analysis here.

We expected some big bounce back from this support, but AUD got stronger fundamentally after coronavirus recovery in Australia.

EURAUD broken the higher low in 30 minutes chart and it moved up and down between the entry price and stop loss price for long time. 

Finally, reached the stop loss price level.

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