AlexStanilevych

EURAUD: bearish fractal forming

Short
FX:EURAUD   Euro / Australian Dollar
On the daily chart of EURAUD, the price has started a new bearish trend after a corrective B wave. I expect the price to continue to fall within the C wave, forming a breakdown of a forming fractal would be an optimal short level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.