K.Lee
Short

EURAUD, more downside for this pair..

FX:EURAUD   Euro Fx/Australian Dollar
6 0 0
After hitting the support level at 1.5367, the bounce back to the long bias setup will be weaken, as such the short position will have more downside to come. Regardless of this, the support level has been badly hit for the past few weeks and there will be no turning back to bullish sentiment any time from now for the next couple of days.
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