aslamhammad
Short

EUR/AUD Weekly Chart + Fibo Ratios

FX:EURAUD   Euro / Australian Dollar
23 0 0
I'm expecting Greece to default this coming Tuesday, so expecting EUR/AUD             to go down from fibo level 0.618-0.382 ratio.....Basically Price has resistance around 1.4720, and price earlier did come down in this weekly candle upto 1.4400. Currently Ranging, But expecting Next Week price to first go down around 1.4330. It could become max oversold at 1.4212 as there is strong support around that level. Stop loss would be our 0.764 level.1.4959.

So, currently short entry @ 1.4700
Stop @ 1.4950
Tp @ 1.4350
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