$EURAUD potential short.

This pair hit 450 days MA several times and already formed H&S once which was broken. I am still bearish on $EURAUD and will short again when breaks below 1.60. Fundamentals are against me with all the China deal staff but the RR ratio will be good and possible retraction to 1.48x area could be very good trade.

Please do your own research and use SL or hedge when trade.