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UnknownUnicorn772665

EURAUD Short Trade *WEEKLY RESISTANCE ZONE*

Short
Euro / Australian Dollar (FX:EURAUD)  
UnknownUnicorn772665 Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Wave Analysis Chart Patterns EURAUD euro resistence rejection candlestickpattern
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trendanalysis waveanalysis chartpattern euraud euro resistence rejection candlestickpattern
EURAUD rejecting the resistance zone at 1.63500

2 nice daily wick rejection candles and it appears the 4hr bullish trendline has now been broken. I am aiming for 1.60 before waiting to see if price breaks through the daily trendline marked on the chart.

Stop loss placed above the wicks to avoid any SL hunting and further tests of resistance.
Trade active
Trade closed: stop reached
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