Possible short forming on EURAUD, We got a high test pin bar on the weekly time frame, the 50ema was broken on the daily chart and also on the H4 chart - we would be looking for a retest of previous support/resistance zone around the 1.5919 level for a sell signal for a short.
Updates to follow
For more in-depth analysis and ideas come join our Elite trading suite by clicking the telegram link below
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.