LorenzoDecaria
Short

Hop back on the downtrend

FX:EURAUD   Euro / Australian Dollar
52 0 0
Heavy downtrend now consolidating during asian session. Should price retrace till 1.3900 I'd look for a sell opportunity as this level shows some nice confluences:

  • daily pivot point
  • previous structure level (support)
  • major fib level (.618)
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