FX:EURAUD   Euro / Australian Dollar
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We are short on EURAUD due to the break and retest of the CTL. There has been 2 fakeouts on this CTL as shown, this will tap sellers that didn't await the retest rule. We can also see that price has rejected the 61.8% level with the wicks touching resistance. we have 4 targets for this trade and will monitor it on the way down by moving stop loss into profit and watching PA.
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