Across the board, I am seeing Weakness for all Euro Pairs. EURAUD, I believe is another pair which is about to drop. If we zoom out we can see sort of a Crab Pattern formation forming. Strong supply levels and double top in the ~1.62 zone. Price action on the daily is showing weakness on the last few daily closes. Stop loss is above the previous high on the 24th. Take profit is targeted around the ~1.44 level.
Risk/Reward: 1:5.5
-Safe Trading and Best Regards
Risk/Reward: 1:5.5
-Safe Trading and Best Regards