MrVolcano

EURAUD - Rejection of 100EMA

Short
FX:EURAUD   Euro / Australian Dollar
2
A bearish kicker signal formed rejecting the 1.42 level.

This level is confluent with :
  • Daily 100 EMA
  • Is a 50% fib retracement of previous downward move
  • Stoch is crossing below the 80 level
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