Hi everybody !
Today, I propose you this nice 8.9 Risk/Reward ratio on EURAUD.The pair has bounced below the downtrend resistance and 0.618 Fibonacci level. Moreover we have a bearish divergence on RSI. Bulls may take their profit at this level and the EURAUD downtrend might continue.
Trade setup is on the chart.
Best Regards,
Serge
Today, I propose you this nice 8.9 Risk/Reward ratio on EURAUD.The pair has bounced below the downtrend resistance and 0.618 Fibonacci level. Moreover we have a bearish divergence on RSI. Bulls may take their profit at this level and the EURAUD downtrend might continue.
Trade setup is on the chart.
Best Regards,
Serge
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Related publications
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.