Drw1994

EURAUD retest then continuation of down trend

Short
FOREXCOM:EURAUD   Euro / Australian Dollar
On the chart above we can see a downward move has been broken, we are looking to re enter a sell trade in one of the 3 red zones above, the lightest shade is daily zone, medium is 4Hr zone and the darkest being 1Hr zone(we hope to enter here). There is an area of interest before that though but due to the engulfing not being a strong stand out on in the daily chart I believe price is going to push on up to the origin of the move
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