baigxy

EURAUD

Short
baigxy Updated   
FX:EURAUD   Euro / Australian Dollar
hello everyone, the price is bullish as of now, the price is also overbought, high possibility of double top, up coming news may trigger the price to correction point 1 or 2 then continue going bullish,,, if not, then continuously reaching bearish support level. as of now I'll say bearish...
Note: I highlight the previous price action (which could repeat again in similar way)

use proper risk management ... good luck..
Comment:
reached correction point 1, could go bullish from this point...
Comment:
price reaching correction point 2, strong support area, price may or may not reverse due to strong bearish move
Trade closed: target reached:
price hit the bearish support level,

follow for more, I will give my next analysis on this pair soon..
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