Euro / Australian Dollar
Short

AURAUD Sell

52
In my point of view EURAUD is showing Bearish momentum as we can see with 200SMA price also crossed SMA 200 downwards which means EURAUD will continue bearish ,here is a sell oppertunity if price goes back to fill Fare value Gap it has created or retest the broken trendline then we will be taking a position Short after confirmation from 1.64579 to 1.64147 zone SL will be 1.64707 TP will go around 1.62531
Now i will be waiting for price to fill the imbalance and enter if doesn't do so i will wait for price to reach at its support level and then after confirmation it will be a buying opportunity...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.