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EURAUD Update..
The price has been following a Parallel channel and everytime the price touched the channel's trendline the price reacted strongly to it,this time price again reversed after touching the trendline,wait for the price to make a correction or Pullback and if price gives any bearish signal then look for sell opportunity..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Take entry only after price gives bearish signals..
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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.