TradingView
POSINEXA
Dec 3, 2020 6:22 AM

EURAUD is heading down Short

Euro Fx/Australian DollarFXCM

Description

EURAUD according to my analysis will go up first touching the 61.8% Fibonacci retracement level of the price 1.63828, before finally going back down again. If it turns out to be moving but crawling up past the price of 1.64196, it is possible that EURAUD will move up.

Trade active


It turns out that EURAUD has immediately fallen after touching the 38.2% Fibonacci retracement level ratio.

Trade closed: stop reached

Hit a stop loss at the price 1.63955.
More