EUR AUD Potential short

Randy BalcomBlog PostLeave a Comment

This is a potential trade as price has not closed into the trade area yet.

There are two consecutive areas of Dynamic short Zones on the daily charts starting at 1.6180 +/-

We have a divergence on the both the weekly and daily chart between price and the MACDBB. This indicates weakness to the long side.

Wait for price to close below 1.60477



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