FuturesForexClasses

EURAUD / H1 / Daily Forex Technical Analysis / 9.13.2019

Short
OANDA:EURAUD   Euro / Australian Dollar
Hello Traders, welcome to the Daily Forex technical analysis. Today is September 13th, 2019 and we will be taking a look at the Euro against the Australian Dollar. Looking at the 1 hour time we are now looking for price action to continue with its current bearish sentiment and reach a lower area of support near the 1.6 area. Entry for a Short position near the 1.61552 area, with a Stop Loss near the 1.62029 zone, with a target profit level area of 1.60217 to possibly ensure a profitable trade with a 2.80 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.