EURAUD: Great Shorting Opportunity 🇪🇺🇦🇺

Short

Euro / Australian Dollar (OANDA:EURAUD)

Updated

OANDA:EURAUD Euro / Australian Dollar

trendanalysis supportandresistance supplyanddemand forex trading euro australiandollar

Hey traders,

EURAUD is testing a key daily structure resistance.
On that, the price formed a dodji candle and was nicely rejected.

On hourly time frame, the price formed a symmetrical triangle formation.
On Friday its support was broken, this morning we see a retest.

I expect a bearish move to 1.5525

❤️Please, support this idea with a like and comment!❤️

⬇️Subscribe to my social networks!⬇️

Comment:

Check my new analysis on NZDJPY:

NZDJPY: Two Scenarios & Your Trading Plan 🇳🇿🇯🇵

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

about GBPNZD 12

about EURUSD 38

about XAUUSD 12

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.