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PetrockFxTrading
Feb 22, 2021 12:05 AM

EURAUD - To short to 1.52400, then long to 1.55800 Short

Euro Fx/Australian DollarFXCM

Description

As you can see on the chart, price is currently in a downtrend. Price has left the supply zone at 1.55800 where it turned support to resistance.

Therefore, I expect price to short to the previous support at 1.52400 before retracing upward to 1.55800. Watch out🔥🔥

What do you think?

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Trade closed: target reached

Profit Smashed.

Comments
ForecastCity_World
Excellent analysis.
PetrockFxTrading
@ForecastCity_World, Thanks mate✌🏾
PetrockFxTrading
@ForecastCity_World, Here is the result.

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