EURAUD is facing bearish pressure, potential for downside
Prices are facing pressure from 1st , in line with horizontal swing high resistance, which coincides with 78.6% as well as 50% . Prices might push down to our 1st which is in line with 61.8% , 127.2% as well as horizontal swing low support. If prices break through 1st resistance, it might hit the 2nd resistance which coincides with the 127.2% . Stochastics is also showing that it might face resistance and pullback from the 77.0 level.