EURAUD testing Resistance Channel - Possible short trade

Updated
EURAUD have been falling quite sharply over the past few days, for now this market is testing the top of the trend line where I can see the scope for possible resumption in the bearish trend.

I am waiting for the market to consolidate here and once it breaks below the consolidation phase, i will be triggering my shorts. Keep watching this market for a possible short direction.

Trade Safe!
Trade active
snapshot First target reached.
Trade closed manually
CADChart PatternsEUREURAUDeuraudanalysiseuraudselleuraudshortGBPTechnical IndicatorsNZDTrend AnalysisUSD

Also on:

Related publications

Disclaimer