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KarYong

EURAUD - Short Term downside

Short
Euro / Dollaro australiano (FX:EURAUD)  
KarYong Aggiornato   
FX:EURAUD   Euro / Dollaro australiano
EURAUD technical Divergence Relative Strength Index (RSI) Elliott Wave Wedge diagonal
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euraud technical divergence relativestrengthindex elliottwaves wedgepattern diagonal
A good opportunity to short this pair for the short term with the following confluences -

1) We have an RSI divergence
2) We have a technical wedge pattern
3) We have a completed 3rd wave structure between 161.8% and 200% extension
Commento:
The impulsive fall this moving fuelled by the positive AUD GDP is giving us more confirmation that we might see this pair reach for the 1.4732 area.

However, price might see some support around the 1.4920 area.

Shift your stops to protect your trade.

snapshot
Commento:

Idee correlate

KarYong
EURAUD - Time to head higher?
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