EURAUD - Sweeping Sellers

By AlkalineFX
This pair looked great for sells, however, the price decided it wanted to come up to capture liquidity.

We have tackled the break and re-test stop losses and have now targetted the stop losses placed above the high.

Now that this liquidity has been wiped, we could see a strong aggressive sell-off.

I will be keeping this pair on my watchlist at the market open, If the price shows signs of bearish rejection, I will get involved in sells.
Chart PatternsEURAUDeuraudanalysiseuraudbuyeuraudlongeuraudselleuraudshortTechnical IndicatorsTrend Analysis
AlkalineFX

Related publications

Disclaimer