After a long uptrend, EURAUD seems to be getting weaker with this head and shoulders pattern forming just above a strong resistance area. The 'head' of the pattern isn't the most reassuring to look at so will need to carefully watch price action to check if the pattern in valid. The resistance line area has been tested multiple times and although the 'left shoulder' and 'head' formed above the resistance line, the 'right shoulder' seems to have broken back under this level and is forming nicely, and also on a fibonacci level.