Outlook of some dollar pairs ahead of the European session for 2017-11-24.
Short position setup for AUDUSD
With the market bearish and price currently above the 55EMA. There seem to be a pull back from WR1, and that would have WR1 as a target. However one needs to keep an eye on the price action crossing the 21EMA to see if 21 does not act as a support and setup a role reversal instead.
Short position setup for EURUSD
The market seam to be sideways, and we might have a double top setup on H4 time frame, with stochastic currently over bought, we can look at taking a short position once stochastic exit over bought with a target on the Fib zone.