A nice short set up forming here.

Price is currently within the resistance level. I am looking for further confirmation from bearish candlesticks to show rejection at resistance.

One price crosses the trend line at 0.64990 I will look to short this pair, providing that the RSI, RVI and MACD all show signs of a bearish move.

audEUREURAUDTechnical IndicatorsshortsupportSupport and ResistanceTrend Analysis

Disclaimer