Euro / Australian Dollar
Short

Euro's relief

Through my previous analysis, I've shown you several short setups for the Euro currency. These includes EURGBP, EURUSD, EURJPY, and now, EURAUD!

For several days, the Euro-Aussie pair has tested the resistance several times -- and failed -- leading to a descend on prices. In addition to this, a possible fakey signal has been formed. Fakey bar occurs only after a formation of inside bar where when the price action bar produces a pin bar that pushes through the inside bar's high/low. After the formation of the fakey, another inside bar formed again. Look out!

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