Hello Traders, welcome to the Daily Forex technical analysis
. Today is September 3rd, 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 1.615 area. Entry for a Short position near the 1.62874 area, with a Stop Loss near the 1.63470 zone, with a target profit level area of 1.61590 to possibly ensure a profitable trade with a 2.15 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!