EURAUD possible Short opportunity!

Feb 4, 2019

Hello traders! In the last month the EURAUD has created a Resistance Trendline, that has been already tested 4 times. The price is slowly climbing up and I expect that the Trendline will be hit again, so we should expect a bounce down from that Trendline. Combined with climbing RSI that might be hitting the Overbought area soon and a MACD that is forming a cross, this makes a great Short opportunity. I wish you the best of luck with your trading :) .