danndc

possible short at 0.618 retracement

Short
FX:EURAUD   Euro / Australian Dollar
3
we closed the day with a nice hanging man/shooting star and it failed to go above the yesterday's high.

hoping for a gap down, i think i will go short at around the today's close and i will aim for a new low or at least 400 pips movement.

the only thing that concerns me is a possible RBA cut on monday night

i hope monday will close below today's low
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