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ForexScientist
Jul 19, 2018 3:31 AM

EURAUD Short: More AUD strength coming Long

EUR/AUDOANDA

Description

Looking at the price structure, the AUD seems to be the stronger than EUR at current levels. The upward momentum line stalled and now broken. The SZ shown in the box managed to break a support level, would be nice to get a short from there. If that doesn't work, the other SZ above it should.

Trade with care.
Zack

Comment

First short stopped out. We are in a weekly SZ, so holding my second short for now. That dip paved the way for further down movement.

Comment

Still holding one short from the top zone.

Comment

the second short well into profit now
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