EURAUD possible short setup trade.
EURAUD has bounced off of the trendline and 61.8 fib level creating lower high on weekly timeframe. Possible target is previous lower low or below with minimum 2:1 RR ratio.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.