EURAUD short

٢٧ سبتمبر ٢٠١٦

Price broke a daily trendline (blue) and another trendline (light blue) connecting short term lows which opens the possibility of potential shorts. But I think the lowest risk to reward short opportunity is to wait for price to break the teal channel and then short the correction ( which is likely to happen because of the double bottom resistance level). Good luck