Well..a weak week for euro
fundamentals. After EURUSD
's downfall, nothing is to be expected anyways. We have a nice pair here. EURAUD
broke the 45-day range. On the completion of the 4th leg, it should be overbought in a downtrend (chaaching!). It breached my Demand 1 and was about to breach Demand 2, which will be completed by the initial 5th leg. Will be fun!