EUR/AUD
The EUR/AUD pair continues its steady movement within a descending price channel. Yesterday, the pair attempted to break below the median line of this channel.
On the 4-hour (H4) chart and the daily chart, the pair is also declining below both the balance line and the MACD line. The price is currently testing the median line of the price channel. The Marlin oscillator is moving to the downside, reinforcing the prevailing bearish momentum.