ahmir

short euraud from the monthly supply !

Short
ahmir Updated   
FX:EURAUD   Euro / Australian Dollar
great potential short ...from the supply area since 2016 ...weekly also formed a nice downward indication...

looking for a first tp of 1.5600


stops advised at 1.6200

trade is active now .....aud news this week should not effect .....downward pressure expected on the euro

will update as this plays out.
Comment:
starting to move nicely ..after re testing the break.....lookout for forward guidance from the rba tomorrow ...but this looks like its ready now
Comment:
nice move now ..need a close below 1.6000 today for a sharp move down.....data at 10 so keep stops where they are just in case
Comment:
got that close and a nice move to the low 5900...looking for a break and close below that level now

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