FX.co ★ vbahringer | EUR/AUD

Hello everyone! Today, the situation with the currency pair EURAUD is as follows. Since the last day closed with a Lower Low, I will only consider selling opportunities today. The best selling price for me will be yesterday's High (1.7941). However, I will also consider entries below the mentioned point in case the price moves above 50% of yesterday's range. In that scenario, I will have a stop order in place to limit losses (1.8029). I will take profit at 50% below yesterday's lowest point (1.7679).