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EURAUD 30 Minute Chart Analysis

Monday, October 3, 2016 22:09
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Screen Shot 2016-10-04 at 07.25.35

Hello traders good to be back with you as yesterday we had technical issues and was unable to post. I liked the price action on some of the pairs and we had some nice trades. This pair did well yesterday and finally broke out of the range and continued in the direction of the trend. Today I am looking at the same trade with a pull back to the resistance level at the price of 1.1426 as we have a confluence of the daily pivot. We are looking for a bearish candle formation and an entry with conformation. I would like to take profit at the support zone at the price of 1.1439 and that is also the R3 pivot point.

Thank you traders and we will talk soon…..William

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