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EURAUD LONG AND SHORT SETUP

Short
FX:EURAUD   Euro / Australian Dollar
EURAUD CURRENTLY IN ZIGZAG RANGE ..WHAT CAN HAPPEN...???

RED LINE :
IF EURAUD BREAK THE CURRENT RESISTANCE IT CAN MOVE TOWARDS FRESH RESISTANCE AND THEN
GO SHORT @ 1.64550 WITH STOP LOSS @ 1.64800
TAKE PROFIT @ 1.63750
GREEN LINE :
IF IT FAIL TO BREAK THE RESISTANCE THEN IT WILL MOVE TOWARDS SUPPORT ZONE AND THEN
GO LONG @ 1.62350 WITH STOP LOSS @ 1.62150
TAKE PROFIT @ 1.62900
AND ONCE REACH THE FRESH RESISTANCE
GO SHORT @ 1.62900 WITH STOP LOSS @ 1.63200
TAKE PROFIT @ 1.62000

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