The Euro Australian Dollar Appearing Weak
The necessary elements are in place for a sell setup in this Euro Aussie pair.
With the Major Pivot Stack providing resistance to a move up, the price is beginning to breakdown.
Look to go short in this area or at a break through the 1.5839 level, then place a stop loss at 1.5967 and a profit target at 1.5418.
With the Major Pivot Stack providing resistance to a move up, the price is beginning to breakdown.
Look to go short in this area or at a break through the 1.5839 level, then place a stop loss at 1.5967 and a profit target at 1.5418.