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arcofx

EURAUD Potential short setup ((Daily Supply Zone))

Short
Euro / Australian Dollar (OANDA:EURAUD)  
arcofx  
OANDA:EURAUD   Euro / Australian Dollar
EURAUD
2
0
euraud
Price in the Daily timeframe is showing downward momentum. Price is rallying back towards a potential zone imbalance where supply exceeds demand. Short on confirmation from the lower timeframe price action

Daily 20EMA might be part of the confluence here.
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