EUR/AUD DAILY SELL PLAN: 05/08/2018


EUR/AUD price was broken below the MA 50, and the MA5 crosses down the MA13. It indicates the trend is ready to reverse.

Also, my trading system 1 has a sell alert on this pair.

I decide to sell this pair when the price is pullback below MA 50, EMA 13, which is a good entry point.

Pay attention at FIB 38.2 which align with previous bottom and may act as support.


FOREX TRADING: EUR/AUD ANALYSIS

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