EURAUD made a nice rally since the France elections.
However price tested the daily resistence level and was rejected broking the 240M uptrend line ( red) and rotating to bearish momentum
Now is testing again previous support now resistence.
Selling this pullback pays a nice RR so i will place a sell stop order a 1.4549
SL 1.4578
TP1 1.44443
TP2 1.4345
TP3 1.4223
However price tested the daily resistence level and was rejected broking the 240M uptrend line ( red) and rotating to bearish momentum
Now is testing again previous support now resistence.
Selling this pullback pays a nice RR so i will place a sell stop order a 1.4549
SL 1.4578
TP1 1.44443
TP2 1.4345
TP3 1.4223
Order cancelled