TheTradersAvenue

EURAUD > Simple Reversal Sell Idea!!

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FX:EURAUD   歐元/澳元
Analysis of #EURAUD

Hi traders, today we will have a look at #EURAUD


looking at this market as you can see we have the market near a strong structure resistance level and key market level at 1.5600.

right now I am not doing anything I set my alert and I am just waiting for the market to provide a reason to get in, such as a reversal pattern like a double top perhaps a bearish candle formation

target will be Fibonacci 38, simple as that just keep an eye on this maybe it comes maybe it won't, and just pay attention to the news, I think the market will not move substantially, and until we get the CPI report


I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one

Thanks for your continued support!
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