Fxprotrader

EURAUD: High Probability Buy Setup

Long
Fxprotrader Updated   
FX:EURAUD   Euro / Australian Dollar
Price has broken above a key level and it's now consolidating forming a flag pattern. A breakout above this correction will signal a buy setup with potential profit target the upper parallel of a downslope median line. Another way to trade this setup is to wait for price to keep consolidating and reach the previous broken level.

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