EURAUD SHORT HERES WHY...
We have previously broken an ascending trend-line which means we need to look for sell opportunity's right?... Right! so we can see the trend shift pretty clear around the 1.61893 region we have our higher high then we have a lower high which indicates bears have taken over long term. So from our Lower high where I have marked point A our first point of our fib down to our new lows point b, we have the 50% level pierced multiple times + monthly resistance 1.57150 holding firm hopefully we do actually get this bearish close and continuation before we even think about any shorts. However our overall target is 1.50438 which is our fib D1 extension level. I will update if this place out in my favour.
please don't hesitate to message me.
please don't hesitate to message me.
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