Uncharted-FX

EURAUD kept under Daily Resistance level

Short
FX:EURAUD   Euro / Dollar Australien
Gave an idea on the EURAUD previously, but that idea did not work. We had a failed breakout above a strong daily/weekly resistance zone.

I like what we have here on the 4 hour chart. It displays the fake out that occurred and we have probably taken out the bulls. Had a nice break below a support and a flip zone.

We have a lower high at the 1.6470 zone and as long as we keep this swing, 1.62500 would be a take profit target.

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