Hey Everyone,
EURAUD is approaching Dynamic Resistance at 1.58700 and it's expected to drop as price action
Indicates an Overbought Situation,
In accordance with our Oscillators
RSI - (Overbought at 90)
CMO - (Overbought at 100)
STOCH - (Overbought Divergence)
and hence we'll be shorting this pair
our preferences will be
SELL LIMIT - 1.58700
STOP LOSS - 1.59358
TARGET - 1.56254
you can also Short at CMP with a calculated risk
also, This trade requires your medial attention like closing early
or once we have any further update so be ready once our trade is activated
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+