nfarah86

EuroAud- Price setting up for sells

Short
FX:EURAUD   Euro / Australian Dollar
EuroAud has a head and shoulders on the weekly. Monthly is also struggling and in a box. I expect EuroAud to test back DOWN to the monthly levels. Technically, EuroAud is still in an uptrend. But if the trend line is broken, and is being held below, it's good to sell for sometime. Let's see how price plays out this week. The flag suggests a sell limit, if it peaks there. Otherwise, wait for the trend line to be broken for sells.

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