EURAUD - POTENTIAL SHORT ENTRY

EURAUD - Price is approaching towards it's recent high where major resistance is lurking, creating a potential opportunity for a sell. Impulse Short entries can be taken once price rejects that region.

We had our sells set up with potential downside in the R:R ratio of 1:5.
SL can be placed above the recent high.

SELL LIMIT ORDER
R:R - 1:5

E/P: 1.5730
S/L: 1.5765
T/P: 1.5540