Get started
martin2048

EURAUD short setup

Short
Euro / Australian Dollar (FX:EURAUD)  
martin2048 Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Support and Resistance
2
0
trendanalysis supportandresistance
I see a potential bounce from resistance levels of EURAUD at 1.61 and 1.62 - as described. On the fundamental side - EUR has not very strong fundament. I hope AUD GDP could be positive - that could help this trade pretty much. Anyway, the resistance level @1.62 should hold. Trade safe and comply with money management rules. Good luck
Trade active:
TP1: 1.57500
TP2: 1.56250
SL: 1.62000
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.