I’m short on the EURAUD

Earlier I wrote about the EURAUD, it was trading in a bearish condition, well, it retraced back to the main ST resistance level and formed a significant pattern with downward pressure:

Here are the details of my trade:

Entry: 1.3241
SL: 1.3281
TP: 1.2979

We need to be careful with this trade though, later today AUD employment report is released and tomorrow we have the interest rate announcement of the EUR.

Trade Safe!

Raul Lopez
Forex Training


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Raul Lopez

I've been trading the markets for more than 12 years. All my trades are based on price action. Check out my Coaching program, I can help you develop a system that helps you trade with better results.