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DenikaJohn
Sep 16, 2018 9:48 PM

BUTTERFLY PATTERN D1, EUR/AUD SELL Short

Euro Fx/Australian DollarFXCM

Description

BUTTERFLY PATTERN D1, SELL EUR/AUD.
Comments
FXCM
I agree with your bearish view on EURAUD. Our trading signal idea is also of the same bias. We have found roughly resistance levels at 1.6266 which is also a horizontal swing high resistance and 61.8% fibonacci retracement.
Additionally, our stochastic is approaching resistance, which backs up our bias.

Glad to see that we have the same bias for EURAUD.


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