OFT-Forex

EURAUD - Expecting a shift to the downside

Short
OFT-Forex Updated   
FX:EURAUD   Euro / Australian Dollar
This pair has been playing out perfectly previous week. I expected new highs on intraday graph. Although my short (scalp) did not play out (high risk position with only 1% risk on it). We have seen a nice push up to 1.63000

Current market phase is distribution at a key level.

Break - lower high - short for a swing move to the downside
Trade active
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