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Have you been looking for short opportunities on the EURAUD?

I have, and honestly I still think there it will continue its way down. It’s been trading in a bearish condition and making historical lows for a while now. And you know what, if the market is going down, I’ll keep looking for short opportunities (I stopped trying to pick bottoms a long time ago):

So as long as the EURAUD keeps trading below 1.2451 I’ll be looking for short opportunities.

Do you agree with me?

Good Trading!

Raul Lopez
Forex Coaching

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This entry was posted on Thursday, January 26th, 2012 at 10:20 am and is filed under Technical. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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