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JoeChampion

EURAUD: The most important zones to watch

Short
Euro / Australian Dollar (OANDA:EURAUD)  
JoeChampion Updated   
OANDA:EURAUD   Euro / Australian Dollar
Trend Analysis Technical Indicators Fundamental Analysis EURAUD EUR aud SELL short Bearish Patterns Technical Analysis Contains image
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trendanalysis indicator fundamental euraud eur aud sell short bearish technicalanalysis containsimage
Hey Traders, above is a technical overview on EURAUD and the most important zones to watch, we are watching EURAUD for a potential selling opportunity from the resistance area of 1.63100, We would also like to consider the current DXY weakness for potential dollar strength, the dollar is indirectly negatively correlated with AUD, when the dollar is weak stocks, cryptocurrencies and metals prices become interesting and AUD is positively correlated with stocks along with NZD.
Trade safe, Joe.
Comment:
snapshot

Perfect bounce from the mentioned support, EURAUD is eyeing the resistance now!
Trade active:
snapshot

got a trigger with few pips of DD
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