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Simply4ex

EURAUD Short - Multi Timeframe Analysis

Short
Euro / Australian Dollar (FX:EURAUD)  
Simply4ex Updated   
FX:EURAUD   Euro / Australian Dollar
Chart Patterns Support and Resistance Fibonacci
4
0
chartpattern supportandresistance fibonacci
* Last week Bearish Engulfing Candle
* Friday Bearish Engulfing Candle close below important neckline support of 1.6220 level
* Price retracement to 61.8% Fib and important 1.6220 structure
* Price below 200MA both on 4Hr and hourly chart
* A good R:R ratio
Trade active
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