EURAUD – Trading at historical lows

Written by Raul Lopez on . Posted in Trades & Analysis.

The EURAUD is trading at historical lows (and below every important level in the short term charts):

EURAUD
EURAUD

Under these circumstances it’s difficult to define the next LT support level (or TP level), there for we need to keep trailing the SL to lock in some profits.

Without a doubt I’m bearish in the EURAUD, and I will keep looking for more short opportunities.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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