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thekwest

EURAUD Short opportunity with 3:1 risk:reward

Short
Euro / Australian Dollar (FX:EURAUD)  
thekwest  
FX:EURAUD   Euro / Australian Dollar
EURAUD EUR aud
0
0
euraud eur aud
A short opportunity on EURAUD after the FOMC retrace.

Reasons for entry:
- Previous support now resistance
- In line with long term trend
- Bearish candlestick formation

Targets
- 3:1 Reward: risk ratio
- Stop 1,4002
- Target 1,3710
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