EurAud: Looking for upside breakout

FX:EURAUD   Euro / Australian Dollar
48 0 5
Comments on the chart. A break below the channel invalidates the idea
Comment: Got stopped out by the spike down but still of the mind that an upside breakout is still the way to go. Will wait for a breakout first to get involved
Comment: False breakdown and then a massive reversal to the upside.
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