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ForexChicken

EUR/AUD: Sell Set-up

Short
Euro / Australian Dollar (OANDA:EURAUD)  
ForexChicken Updated   
OANDA:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Technical Indicators
3
3
trendanalysis chartpattern indicator
Downtrend on a descending channel.
Break-out on the upside to test its last high on a ascending channel.
Need to see a rejection at the top and a break out from the bullish rally channel to continue back down.
Positive news on AUD employment data.
Comment:
Break-out of channel
Order cancelled:
Broke out of trend channel to the upside
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