EURAUD - Intraday - We look to Sell at 1.6616 (stop at 1.6656)
An Evening Doji Star formation has been posted at the high. Buying posted in Asia. Bespoke resistance is located at 1.6616. The previous swing high is located at 1.6626. The 50% Fibonacci retracement is located at 1.6596 from 1.6787 to 1.6406. Preferred trade is to sell into rallies.
Our profit targets will be 1.6350 and 1.6300
Resistance: 1.6596 / 1.6616 / 1.6626
Support: 1.6406 / 1.6349 / 1.6300
An Evening Doji Star formation has been posted at the high. Buying posted in Asia. Bespoke resistance is located at 1.6616. The previous swing high is located at 1.6626. The 50% Fibonacci retracement is located at 1.6596 from 1.6787 to 1.6406. Preferred trade is to sell into rallies.
Our profit targets will be 1.6350 and 1.6300
Resistance: 1.6596 / 1.6616 / 1.6626
Support: 1.6406 / 1.6349 / 1.6300
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