EUR/AUD
The chart shows that the pair made a long bullish move upon finding its support at the level of 1.61000. It had a rejection at the level of 1.70850 and produced three consecutive bearish candles. The price on the daily chart may head towards the South further to find its support. The level of 1.65535 is a significant level, which may play a vital role in determining its next direction. Since there is enough space for the price to travel, thus the pair may remain bearish for a while on the daily chart. If the price finds its support above the level of 1.65535 and produces a bullish reversal candle, the buyers may go long again and push the price towards the North further.