#EURAUD short Short

Euro Fx/Australian DollarFXCM

Description

⋅ Mar 8, 2015 3:30 PM

On the daily chart this pair looks headed lower; the first week of March ended with a red candle closing below a long term trendline. Entering short now looks premature, so I'll wait for a shallow retracement to retest 1.4200/1.4250 area.