FX:EURAUD   Euro / Australian Dollar
53 0 1
Went long EURAUD             .
Price has fallen into a demand area on the weekly and daily charts .
Yesterdays candle was a big Bullish momentum candle and today we have pulled back to a significant re-tracement level.
Would be great to see this back near 1.43
Things that would scupper the trade are news based. ECB could use QE and devalue the Euro             by a few % . RBA could start being less neutral / dovish.
I'l move my stop to BE when we get into 1.42 area
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