EURAUD POTENTIAL H1 SELLING OPPORTUNITY

Potential EURAUD selling opportunity.

Target is down by the -61.8% extension level.

Waiting for clear rejection of the diagonal support and the 78.6% Fibonacci before looking for opportunities to take this pair lower. Further confluence we have found is price is currently rejecting the H4 50EMA. ;)

This post is for educational purposes only. :) Please do keep in mind that trading the financial markets is risky and can lead you to losing all of your capital.

Technical IndicatorsTrend Analysis

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