EurAud short - retrace entry from resistance

Last week formed a retracement Pin Bar on EURAUD of the previous Pin Bar (pink arrow). Today price has retraced to the resistance around the 1.6050 area. Short from here targeting 1.5800 then 1.5600.

Trade chiuso: obiettivo raggiunto:

First target reached. Out for the weekend. Will wait to see if price on the weekly close below 1.5770. Will re-enter short on a retrace if it does.