SHORT EUR/AUD, IF*** there is a clear rejection around the 61,80% and 71,60% level of the fibonacci. The market reached the top of a downtrend channel, it also reached a counter trendline, the market seems to be rejecting the 200MA on the daily timeframe and seems to be rejecting a weekly key level above (purple zone). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
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.
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.