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FuturesForexClasses

EURAUD / H4 / Daily Forex Technical Analysis / 4.17.2019

Short
Euro / Australian Dollar (OANDA:EURAUD)  
FuturesForexClasses  
OANDA:EURAUD   Euro / Australian Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURCAD eurcadshort forexsignals forextrading Technical Analysis forexforecast april2019 dailyanalysis Forex
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trendanalysis harmonicpatterns chartpattern eurcad eurcadshort forexsignals forextrading technicalanalysis forexforecast april2019 dailyanalysis forex
Hello Traders, welcome to the Daily Forex technical analysis. Today is April 17th, 2019 and we will be taking a look at the Euro against the Australian Dollar. Looking at the 4 hour time frame, looking at the overall structure price action keeps confronting the 1.57326 area as resistance and were looking for a break to the downside. So ultimately what were looking for is a break of the marked area 1.57111 as we see stops get trigger and potentially get a nice move to the downside. With multiple rejections at this area were looking to go Short near the 1.57118 area, with a Stop Loss near the 1.57846 region, to ensure a profitable trade with a 1.88 to 1 R/R. We are so humbled to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
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