Adefxc

Bearish outlook on EURAUD

Short
Adefxc Updated   
FOREXCOM:EURAUD   Euro / Australian Dollar
The EURUD is currently retesting the daily supply zone making it the first time in over 1 month to retest that area.

Technically, i am expecting some fight at that zone from the buyers trying to push it a bit higher, but above that is the 2023 All-time high (Weekly Supply zone - OB).

So, you can positing yourself ahead of the fall coming in hot, sooner than later.
Comment:
ADJUSTING THE ENTRY AREA - BY MARKING THE RIGHT HEAD (IN COMPLETING THE H&S PATTERN)

STAY CLOSE....


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