FxGeneral876

EURAUD Hit Weekly Trendline

Short
FxGeneral876 Updated   
OANDA:EURAUD   Euro / Australian Dollar
6
Price has moved down after hit off of weekly trendline near .618 fib resistance level and is currently below the .5 fib level. A retest of the weekly trendline and break below smaller ascending trendline would give a great short opportunity.
Comment:
Trade going as planned, now waiting for a daily close below ascending trendline support under .382 fib level!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.