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Sep 1, 2014 7:39 AM

EURAUD Short

Euro Fx/Australian DollarFXCM

Description

Please have a look at the linked chart. Serves as my EURAUD legs.

The Chart illustrates the euro slip and the AUD resilience.

I'm looking for a clear break to the downside from the 1.40244 area to add to my short positions.

Technical indicators suggest it may be tough to break this support right now, we may be due to a short bounce so timing will be important.

We do have a fairly big week on the calendar..
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