Euro / Australian Dollar
Short

EURAUD - Sell Stop

142
- Inverted Cup & Handle Pattern
This shows the trend will continue bearish

- If it breaks the support of 1.61, the probability is high that it will touch 1.57, which is the projection of an inverted cup and handle

- AXY Index is Bullish technically as well as fundamentally

- No Bullish divergence which could cause it to go up.

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.