FX:EURAUD Euro Fx/Australian Dollar
Very important 1.55 level seemed to hold and nice H&S pattern is forming (check 1H chart). The D point of the potential has not been reached (which was my ideal short entry point), but as 1.55 is so important it is not really a surprise. Go short on H&S neckline break (blue horizontal line) or wait for the trend line break wich will be additional confirmation. Set stop loss above the recent highs. The target is initialy 1.503 - a decent support.