Swing: Short EURAUD

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A retest of supply zone coupled with a cluster zone and 200ema, may be too strong for this to go up further.
We are aiming for a short on this pair

EURAUD Sell Limit

EP: 1.587
SL: 1.603
TP: 1.563


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The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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The downmove looks more and more possible
As it didn't retrace to our EP, we have to wait for another set up

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Do manage your risk accordingly
Beyond Technical AnalysisChart PatternsEUREURAUDeuraudshortTrend Analysis

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