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Sell EUR/AUD at market price 1.429460 and a stop at market price 1.442133

Sell EUR/AUD at market price 1.429460 and a stop at market price 1.442133

On April 12, 2017, Posted by , In Uncategorized, By , , With No Comments

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EUR/AUD is approaching a medium term level of resistance and just above that there is a long term trend line that is also acting as a resistance level. We are expecting a somewhat bearish reaction coming from the market especially at price level 1.429460 – 1.429470 as there is a horizontal. Traders should consider going short on EUR/AUD on the basis of resistance level, other odd enhancers one can look out for are candlestick, reversal candles,

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