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MaqManzini

Reversal @1.50 (psychological #) aligned 61.8 fib & H&S neck

Short
Euro / Australian Dollar (FX:EURAUD)  
MaqManzini  
FX:EURAUD   Euro / Australian Dollar
Head and Shoulders reversal Support and Resistance retracement neckline
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headandshoulders reversal supportandresistance retracement neckline
Potential reversal @1.50 (psychological round #) aligning with 61.8 fib and base of neck line of lower time frame H&S providing resistance. Completion of retracement potentially right shoulder of bigger H&S pattern. Stops above 1.55 or right shoulder of completed H&S. Targets 1.381.
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