SwissPips

EUR/AUD: Shorting, target @ 1.59700

Short
SwissPips Updated   
FX:EURAUD   Euro / Australian Dollar
Hi guys,

I am shorting this pair, my target will be the neckline at around 1.59700.

Best,

Jesse

Comment:
We can see a nice rejection at 50%

Comment:
For those of you who want an extra confirmation wait for the trend line to break

Comment:
We are stuck in range since 5 hours but we have nice confirmation from volumes that it's bearish + a divergence from A/D indicator.

Comment:
Currencies are going crazy today, with lots of volatility.

Here is my plan for this trade.

Best,

Jesse

Comment:
Range
Price moving inside this box
Volume suggesting bearish pressure
A/D suggesting it's selling

Comment:
Off the screens

Have a good evening/night guys

Comment:
Took partial profits
Comment:
Warning guys, red news for EUR in a couple of hours, protect your profits
Trade closed: target reached:
We are in an area where it could potentially rebound

Trade closed: target reached:
Final target hit

Happy trading guys
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