Malika_Analysis

FURTHER SELLING POTENTIAL ON EURAUD

Short
FX:EURAUD   Euro / Australian Dollar
EURUAD is showing potential to continue moving bearish. I have marked up potential areas of support and resistance where price may retrace from to move toward our entry point before moving towards our take profit 1 and 2.

Ideally, should price move in our favour, you want to scale out 80% of your position at take profit 1 and let the 20% ride risk free to take profit 2.

Leave any questions or comments down below :)

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