UnknownUnicorn180388

EUR.AUD - 1.6300 Key Structure Resistance

Short
FX:EURAUD   Euro / Australian Dollar
Currency Pair: EUR.AUD
Time Frame: Weekly, Daily, 4hr & 15min
Predicted Direction: Short

EUR.AUD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Comment:
Textbook high-test reversal candle on the Daily TF, however we haven't yet had an intraday trend change, this in mind additional downside is required.
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