EURAUD: Intraday trading opportunity
We had a break of the uptrend yesterday and the sell down accelerated this morning.
Price is doing a retest of the demand turned supply zone.
Retail long positions are growing.
Expect further downside.
EURAUD Short
Entry is valid as long as price is below 1.5796
SL: 1.5806
TP: 1.5685
Price is doing a retest of the demand turned supply zone.
Retail long positions are growing.
Expect further downside.
EURAUD Short
Entry is valid as long as price is below 1.5796
SL: 1.5806
TP: 1.5685
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.