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UmarAbdurRehman

EURAUD setting up for a big move

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Euro / Australiensisk dollar (FX:EURAUD)  
UmarAbdurRehman Uppdaterad   
FX:EURAUD   Euro / Australiensisk dollar
Chart Patterns Technical Indicators Trend Analysis EURAUD EUR aud euraudanalysis euruadanalysis USD GBP NZD euraudshort
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chartpattern indicator trendanalysis euraud eur aud euraudanalysis euruadanalysis usd gbp nzd euraudshort
EURAUD broke out quite sharply few weeks back followed up by a double top on bigger picture. As now this market rallying a bit but to me it seems like market momentum is weakening across the board which signals for a downside to ensue. Watch for compression here and strong bearish expansion bars to build positions or if you have your trading strategy consider shorts.

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up more than 160 pips so far.
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