OGFXTRADER

EURAUD H1 SHORT PRICE ACTION FORECAST

Short
OANDA:EURAUD   Euro / Australian Dollar
Since Tuesday, this pair has been dominated by the bears, a strong bearish bias, and the price action falling while holding the 18EMA. The downward movement might find support over the ascending trendline from a broader look (D1), it allows the setup of short entry if price retest the recently broken consolidation area,

The order:
Type: sell-limit
S/L: 43 pips - R:R | 1:2 -
T/P: ascending trendline

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