EURAUD TRADE 20/06/2018

FX:EURAUD   Euro / Australian Dollar
I have entered this trade after seeing the 78 fib region hold strong and act as resistance.

I felt the candle was weak and we would see more movement to the downside.

I believe a new lower high has also been formed and this will allow for the bearish move to continue.

We had a retest of the shooting star candle to confirm this new lower high.

I have a lot of targets here and I am prepared to hold this trade. I will look to take profits at every target point of we do reach to these levels.


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