FullTimeTrader
Short

EURAUD-facing a strong resistance area-bearish bat

FX:EURAUD   Euro / Australian Dollar
221 0 1
My long term bias is bullish on this pair but now we can expect a correction at this area.
Price is near a strong resistance area shown on the chart.
We have also a bearish bat pattern that could work well. If we place the SL above the resistance area we are well protected.
I dont expect a big movement, i will take profits as soon as posible, at least to the first target.
Best regards.
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