EUR/AUD shorting zone

22 янв. 2015 г.

The EUR/AUD 4H chart is trading at a sell zone, with a support&resistance area coupled with 61.8% of the latest down wave. Additionally, we're looking at a stochastic cross in overbought territory, if we happen to get a bearish candle pattern around this level we'll be shorting the pair, aiming for the lows at around the 1.40150 handle, with a stop at around the 1.44505 handle.