g2-rockach

EUR/AUD Short opportunity if previous support retested?

Short
FX:EURAUD   Euro / Australian Dollar
1
Bullish engulfing candle at support level may lead the way for price to retest the previous support break. On the daily chart the trend is downward so I will not be buying if price moves above engulfing candle. I will be looking for short opportunities if area is tested.
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.