EURAUD – Short signal, clear bearish condition

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

The EURAUD is trading in a very clear bearish condition because it broke through an important LT support level on the daily charts. On the short term charts its trading in a clear range and it got rejected from the top of the range with significant downward pressure:

Here are the details of my order:

Entry: 1.6175
SL: 1.3216
TP: 1.2980

Trade Safe!

Raul Lopez
Free Forex Education

EURAUD analysis

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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