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SergeantPringles
Feb 7, 2016 7:56 PM

EURAUD - 4H - Butterfly inside Shark Short

Euro Fx/Australian DollarFXCM

Description

If we see EURAUD rally during next week take a look at this PRZ. We will most likly see a little bit of relieve in this area and it can be a good point to sell for a smaller downside move. Targetareas indicated by the blue lines.

I wouldnt suggest shooting for more than that as a target since i see AUD weak and EUR strong in the next future, but at least a shortterm sell with good risk reward should be possible here.
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