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Thursday, December 31, 2020

๐Ÿ’กDon't miss the great sell opportunity in EURAUD

๐Ÿ’กDon't miss the great sell opportunity in EURAUD

Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.6016).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. EURAUD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 20.

Take Profits:
TP1= @ 1.5829
TP2= @ 1.5692
TP3= @ 1.5570
TP4= @ 1.5438
TP5= @ 1.5266

SL: Break Above R2

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