EURAUD Rejected from Resistance Zone?

FX:EURAUD   Euro / Australian Dollar
825 14 23
I have a sell stop order pending as shown with a tight stop loss as EURAUD             appears to be struggling to break this 61.8% fib resistance while showing bearish divergence on the 1H RSI .

My goal is to short this pair down to just above the channel support (red line).

R:R of position shown: 5.83
Trade active
Comment: Draghi stopped me out but I'm re-entering at 1.49996
Thanks for the update
still in for me :D
QuileHills king.cholette
I'm back in. Draghi should be sleeping now, hopefully the RBA treats us well.
saidev99 QuileHills
Thanks for your tip!! Got stopped out by Draghi!! Will let is run till around 1.485....then decision time...any suggestions??
saidev99 QuileHills
To clarify...got in at 1.501
This pair have a correlation on Aud/Chf
QuileHills pipslover
Yes, inversely. -97% correlation.
easy to get sucked into this one based on the smaller t/f divergence; wouldnt surprise me if we went higher/1.52305 before it drops
any fundamental drivers that will support this sir?
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