untpolevault21

eur/aud will bounce off the top of ascending channel

Short
FX:EURAUD   Euro / Australian Dollar
on daily the macd is bouncing off the top of the symmetrical triangle thats divergerging with price support the fall even more, the rsi is showing over bought and the r1 point on pivot matched with top of ascending channel perfectly on 4 hour and daily, wait for some candles and confirmation of fall and short this bad boy, target will be bottom of channel best scenario but I would just aim for the pivot point or until macd hits bottom of channel or rsi shows over sold

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