EURAUD Shorts

As stated last week, we needed price to push up to the trendline and we would begin to look for shorts.

Price pushed up to the trendline and began to fall as stated and now we wait for price to give us a bullish push to the NL that was just broken to retest and then push back down.

NL lines up with the 61.8 retrace which aligns with a good entry zone

Risk, as usual, is 35 pips
Reward for this trade is over 200 pips.

Good R:R