EURAUD short term charts update

Last week I had a trade open on the EURAUD but had to close it because it didn’t break the bottom of the range. Yesterday it broke the bottom of the range so I’m getting ready to give this cross another shot. This is what I’m waiting for:

If it retraces back to the ST resistance level around LOPS2 and forms a significant pattern with downward pressure I’ll go short.

I’ll let you know what happens.

Trade Safe!

Raul Lopez
Forex Course

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 .