Euro / Australian Dollar
Short
Updated

eur/aud sell

55
EURAUD – Sell Trade Setup

Current Price: 1.79493
Trade Type: SELL NOW

🎯 Targets:
• Target 1: 1.79173
• Target 2: 1.78858
• Target 3: 1.78522

🛡 Stop Loss: 1.79912

📊 Analysis:
EURAUD has entered a short-term bearish zone after facing resistance near the 1.79900 level. The current structure suggests weakness in Euro against the Australian Dollar, with lower highs forming on the intraday chart. A break below 1.79350 confirms momentum to the downside, opening room for further declines. Traders can consider short entries from current levels, keeping a tight stop above recent highs. Targets are aligned with key support zones on the hourly and 4H charts.

⚠ Risk Management Tip:
Ensure proper lot sizing and risk-reward ratio. Avoid over-leveraging, and monitor price action around major support zones.
Trade active
Trade closed: target reached

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