EURAUD Short - Multi Timeframe Analysis

2019-12-09 16:15:21

* Last week Bearish Engulfing Candle
* Friday Bearish Engulfing Candle close below important neckline support of 1.6220 level
* Price retracement to 61.8% Fib and important 1.6220 structure
* Price below 200MA both on 4Hr and hourly chart
* A good R:R ratio