EURAUD: Descending ChannelEUR/AUDOANDA:EURAUDBlaisefxacademyEURAUD is moving on a downward momentum, the pair have been on bearish for couple of weeks now, trending on Lower highs and Lower lows. price is currently at the trendline resistance, as we anticipate a sell retracement. A confirmed bearish reverse at this point, triggers sell position down to 1.6162, as next potential bearish. Thanks for reading.