myfxhub
Short

EURAUD Short Trade Idea for next week

FX:EURAUD   Euro / Australian Dollar
After a double top on EUR/AUD price has finally broken out of its ascending channel . After a push down we have found support around the 1.5710 level before pulling back to find resistance at the 1.5770 level giving us confluence with the 0.382 Fibonacci retracement level. Will price hold this resistance level before its continuation to the downside or trade higher ??
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