EURAUD: Bearish Accumulation

EURAUD is trading within a descending triangle formation on 4H.
With a sequence of lower highs and equal lows, the pair is preparing for an important breakout attempt.

1.6045 - 1.6065 is strong horizontal support.
In case of a bearish breakout of that (4H candle close below), chances will be high that new selling wave will start.

Goals will be:
1.60
1.5975