Possible Short On EUR/AUD 4HR.

Very basic but effective trading, as we can see, we have a confirmed down trend on EUR/AUD.

This trade will only be entered if all 3 indicators say we can, but with the UK due to leave the European Union on Friday, this adds fuel to the fire to send the Euro down!

We can also see a double top forming, this bolsters my opinion for the short trade.

If we do get the go ahead to enter the trade, I will only be looking to stay in the trade until we hit the dominant support zone at 1.610 level.