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EURAUD Waiting for downside confirmation | 13 April 2020

Kort
FXCM Mäklare Uppdaterad   
FX:EURAUD   Euro / Australiensisk dollar
Hey price is reaching our downside confirmation at 1.7137 which happens to be a key horizontal overlap support and near 76.4% fibonacci retracement. Trendline and EMA(34) is indicating further bearishness while short-term indicators including MACD and Parabolic Sars are showing potential bounce. I am waiting for price to break below my entry to trigger bigger drop.

entry 1.7137
sl 1.7508
tp 1.65937
Handel aktiv:
hey price broke below our downside confirmation, we are in the trade now! let's have faith in it

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