QuileHills

EURAUD Rejected from Resistance Zone?

Short
QuileHills Updated   
FX:EURAUD   Euro / Australian Dollar
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

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