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YourLazyTrader

Will EURAUD start to reverse?

Short
Euro / Australian Dollar (FX:EURAUD)  
YourLazyTrader Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis EURAUD euraudanalysis euraudidea
74
17
trendanalysis chartpattern beyondta euraud euraudanalysis euraudidea
As indicated in the chart, EURAUD is finding resistance at the channel TOP. So, far the price action indicates the formation of a TOP and possibility of EURUAD to drop in the coming weeks.
Low-risk sell entries can be taken at 1.7020-1.7120 with SL above 1.7300. TPs can be placed at 1.6770, 1.6540 and 1.6230
Comment:
Liquidy crisis created a mega candle lol. We will have to wait for at least 2-3 weeks before trading this

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YourLazyTrader
Too early to think EURUSD did a Bullish Reversal
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