See daily chart of EURAUD below for the discussion that follows.
EURAUD broke support. I’ll be looking for a retest of resistance (prior support), plus bearish price action / candles as confirmation (as per my strategy) to go short.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.