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EURAUD short view

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Euro / Dollar Australia (OANDA:EURAUD)  
Aleksandar_Aleksin  
OANDA:EURAUD   Euro / Dollar Australia
Support and Resistance Trend Lines
4
0
supportandresistance trendline
EURAUD and setup for short option. Above, we have resistance around 1,68000; after that, a lower high was formed at the beginning of the day. We are now testing the previous low and expecting a breakout below and the formation of a new lower low. Additional confirmation of the short option is the fall below the EMA50-4h and below the trend line.

This is my take on this pair; I hope you like it😊

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