docholliday
Short

EURAUD correction coming?

FX:EURAUD   Euro Fx/Australian Dollar
55 0 3
EA             is in a daily pattern and the target above is clear - once there we will determine if another wave down.. or breakout. If you look at he previous move up.. there are expected pullbacks.. this pair looks primed for a pullback SOON before gearing up to take the next leg up on the daily. We can trade this correction down to the lower line and may break a bit beyond. countertrend so be careful, but looks nice for a short .. Happy Trading..
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