Trader_Dale

EUR/AUD Resistance πŸ”ͺ

FX:EURAUD   Euro / Australian Dollar
On EUR/AUD is nice to see strong sell-off from the price 1.5796 , there are nice to see strong volume area....

Where is lot of contract accumulated...

I thing that sellers from this area will be defend this short position...

and when the price come back to this area, strong sellers will be push down the market again...

Rejection of higher prices + Downtrend + Strong volume area is my mainly reason for this short trade....

Happy trading

Dale
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