EURAUD (Short-selling and Buy-back @1.47403)

FX:EURAUD   Euro / Australian Dollar
16 0 0
Hello guys, I want to share my opnion for EURAUD            

For this moment I miss to sell this pair and I don't want to enter the trade because it is about 1:1 risk, and I don't want it.
I'm setting sell limit for 1.47403 with SL about 0,7% (in 1.46060) to prevent if there are any false break (like happened at 14th Sept 2016) and TP @1.50619 (100% Fibonacci and below the psychological resistance @1.5100) .
In my big point of view, this pair still downtrend but, it will be good to take this opportunity.

disclaimer: This is my trading idea and it is my opinion. I do not take any responsibility with every trade you make, so be wise and use a proper money management.
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