PITAGORAS

by now, it's a falling knife

Long
FX:EURAUD   Euro / Australian Dollar
1
but if it breaks up the channel could be a nice opportunity to go long, waiting for the pullback and confirmation

if it breaks down and come back, its nice too, we can entry with the SL on the bottom and the first target on the upper line

got to have patience, its in a pretty strong downtrend

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.