EURAUD, NEW DIRECTION, POTENTIAL DOWNTREND
Signs of a new downtrend have been noticed on the lower time frame. A potential drop to the 1.6370 price region is possible. The potential setup remains valid below the 1.6520 price region.
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Like/comment/follow to get notification updates on this and other ideas.
Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
Trade closed manually:
Trade setup remains valid below 1.6270
Comment:
The trade setup was invalidated at breakeven