EURAUD SELL BIAS

EURAUD- Price rejected the 1.58750 level which is confluence with 200EMA with multiple wicks and also a triple top formation.

We have been seen bearish movements in the market since then. A lot of people might have missed the initial bearish move but there still might be another opportunity here.

Wait for a slight pull back if we see one and take a short trade upon rejection.

SL- somewhere above 1.5736

Target - 1.5590