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Signal_Centre

EURAUD - Potential double top forming

Corto
Euro/Dólar Australiano (FX:EURAUD)  
Signal_Centre  
FX:EURAUD   Euro/Dólar Australiano
Trend Analysis Chart Patterns Technical Indicators euro aussie EUR aus Double Top daytrade fxsignal Forex
3
0
trendanalysis chartpattern indicator euro aussie eur aus doubletop daytrade fxsignal forex
EURAUD is Bearish - We look to Sell at 1.6673

▪️ Short term bias is mildly bearish.
▪️ Bespoke resistance is located at 1.6673.
▪️ We have a 78.6% Fibonacci pullback level of 1.6700 from 1.6763 to 1.6469.
▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.6673, resulting in improved risk/reward.
▪️ Expect trading to remain mixed and volatile.

Stop: 1.6724
Target1: 1.6455
Target2: 1.6400
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