EURAUD SELL

Probable reversal on this PAIR in the coming week.
We can indeed observe a break and a RETEST of level 1.6173 and P (MONTHLY PIVOT).
In addition we can observe the break of the trend line which maintained it with the formation of a DOUBLE TOP (M).
The retest of precedent M confirms our position (SALE).

SL = Above 1.6180
TP 1 = 1.6063
TP 2 = 1.5975
TP 3 = 1.5906

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Double Top or BottomPivot PointsSupport and Resistance

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