KarYong

EURAUD - Calling for a Fall

做空
FX:EURAUD   欧元/澳元
Price completed a 3 wave structure with an obvious divergence.

This structure isn't a sustainable uptrend and it's calling for a fall, or at least a potential retracement towards 1.5960 area.

What can be the catalyst for such move?

Another impending EUR crisis?

*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.

The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.

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