MicKi
Short

EURAUD melting down

FX:EURAUD   Euro / Australian Dollar
After that huge rejection candle marked on the rectangle the price action has been a bit choppy for a few days having retested the resistance area twice. After yesterdays bearish engulfing candle today the pair has broken the support and I expect it to reach the 1.605 area (support not retested in the uptrend movement)

This is how I have played this trade (already active) :

The pair broke that minor area of support (thick blue line) and it restested it, I entered after that little rejection candle marked with an arrow.

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