DP_TRADING

Breaking the BB middle line = Time to short

Short
FX:EURAUD   Euro / Australian Dollar
Price made a lower high on a daily timeframe, which means that there is high chance for a move lower.
Also, price hit resistance level (and also round number) at 1.60 level (check weekly timeframe.
EURAUD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.