EURAUD Short

The preceding week has seen a strong move away from the 1.64 level and form a large bearish candle.

Looking for a bearish trend to continue in the next few weeks.

An entry for a short would be considered

1. Near 20 W MAV 1.62.

2. Targets are multiple - to include the swing lows of this years consolidating wedge pattern.

3. Stop - above monthly pivot

RR = 4