cosmic_indicators

EURAUD reversal with short target

Short
FX:EURAUD   Euro / Australian Dollar
The 2h chart points show that if the price fails the current test of the Cosmic Channel Lite basis line from below, the next major support will be the top of the Cosmic Gravity support channel, where the short target is placed. Since the price is right below a major resistance level, the stop is placed only slightly above it.

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