Mirandole
Short

EURAUD : Bearish View

FX_IDC:EURAUD   Euro / Australian Dollar
Hi everybody !

Today, I propose you this nice 8.9 Risk/Reward ratio on EURAUD             .The pair has bounced below the downtrend resistance and 0.618 Fibonacci level. Moreover we have a bearish divergence on RSI . Bulls may take their profit at this level and the EURAUD             downtrend might continue.

Trade setup is on the chart.

Best Regards,
Serge
Key Level :
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Key level :
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Mirandole Mirandole
Wrong Copy/Paste.
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Rule n°1 : Don't place stops too tight.
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