AlkalineFX

EURAUD - Opportunity

Short
FX:EURAUD   Euro / Australian Dollar
This pair may provide a nice selling opportunity after breaking out of a long term ascending trend line as well as rejecting a key level, I expect the price to show some signs of rejection here now that we are touching the previous significant structure. If we see a good selling indicator from this level I will enter with my TP set at the key level marked.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.