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EURAUD Pullback Sell Signal

Euro / Australian Dollar (FX:EURAUD)  
cvfxwealth Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Lines Support and Resistance EURAUD euro australiandollar sellsignal forexideas learnforex tradingsignals
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trendline supportandresistance euraud euro australiandollar sellsignal forexideas learnforex tradingsignals
EURAUD rallied to the topside very fast breaking out of the consolidation range. With every large rally there is always a pull back to its origin. Expecting price to pull back to the 4hr up trend line then the support (past resistance).

Strong sell RSI with bear candlesticks giving us a good indication of a strong reversal.

Good sell entry @ 1.6724 area down to 1.6650 & 1.6600 area.

Good luck and let me know if there are any questions.

Charles V
CVFX Management
Trading made Simple
Comment:
Price retraced north and back down to break up trend line targeting support level as expected.
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