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EUR / AUD: attention, possible short

EUR / USD: 4H chart trend is bearish.
Pierce of the former horizontal support, current resistance.
Testing the diagonal support, pierce will give confirmation to open a position in the south.
Negative price formation
Indicators:
CCI (50) less than -100 – strongly negative sentiment.
RSI below 50.
Price below 50SMA.
Price below 200SMA.
SL: 1.464
Alternative scenario:
Crossing the price above the level of 1464 will break horizontal resistance and could lead to larger increase.
Jr.Trader-G.Bozhidarov


 Varchev Traders


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