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Erady_Pascal

EURAUD; Time to catch a short swing trade

Short
Euro / Australian Dollar (FOREXCOM:EURAUD)  
Erady_Pascal  
FOREXCOM:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns EURAUD euraudshort euraudanalysis euraudforecast
6
3
trendanalysis chartpattern euraud euraudshort euraudanalysis euraudforecast
EURAUD formed a head and shoulder on D1 which is a classic reversal pattern. Breakout of the neckline and bullish trendline gives us a great opportunity to short the market on a retest. From there I sell the market to the next swing low.

What is your opinion on EURAUD?

Nice trading!
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