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FinancialGamblR

EURAUD Holds Below 1.6811 Level

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Euro / Dollar Australia (FOREXCOM:EURAUD)  
FinancialGamblR  
FOREXCOM:EURAUD   Euro / Dollar Australia
Support and Resistance Supply and Demand Candlestick Analysis EURAUD Forex trading analysis daytrading priceaction
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supportandresistance supplyanddemand candlestick euraud forex trading analysis daytrading priceaction
Recently, I started focusing on structural moves off of higher timeframes. This signal on EURAUD looks great to me.

Price traded in the range from 1.6811 to 1.7017. After a small pullback, today's 5 PM EST close indicates that price is unable to hold above the lower level. Given the runup that this pair has experienced, I expect greater downside payout potential.

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