EurAud- towards 1.6 important support? Short

Euro Fx/Australian DollarFXCM

Description

⋅ Nov 27, 2019 8:52 AM

From the August top, AudUsd was trading downwards, with 4 lower highs and clear support at 1.6.
A daily close under 1.62 would announce a false break and would open the door for the 1.6 important psychological support

Strategy:

Sell the break
SL @ 1.6330
TP @ 1.6