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

EURAUD analysis, forex

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 .