Analyst Signal EUR/AUD 20.4.2017 by CIBFX
EUR/AUD
20.4.2017
Sell intraday opportunity
On the 4 hours chart a triple top pattern was created around a resistance level of 1.4300.
The RSI indicate about a bearish divergence.
What next?
On the one hour chart we marked a diagonal support line, if the pair will closed below it, it would be a sign to sell.
If the pair will go above the resistance area before there was an opportunity to sell, the signal will be cancelled.
Stop loss - a bit above 1.4300
Target 1 – 1.4175
Target 2 – 1.4140
Target 3 – 1.4100
Source: www.cibfx.com
