EURAUD SUPPLY ZONE REJECTION?!

EURAUD SUPPLY ZONE REJECTION?!


**SIGNAL**
__Short EURAUD             @ CMP (Current Market Price)__

**SL:** 1.5800 (50 Pips)

**TP 1:** 1.56180 (132 Pips)

**TP 2:** 1.55520 (198 Pips)

**3.96 R**

__Notes:__ Trade based off of Supply structure on the daily. Price hit 61.8% retracement from the highs of the year. Lower time frames are showing a reversal along with divergence on the RSI . Trade is taken on h4 closure rejecting the zone again. Targets are based off of structure and Fibonacci retracement confluences.