Weekly Forecast EUR/AUD (Corrective Short)

FX:EURAUD   Euro / Australian Dollar
On the higher timescale this pair look long but price has spiked up to our first target and is now correcting as expected. I imagine price will come down in a corrective fashion until it reaches the trend line . From there I'll be looking for more upward movement. Let's see how it develops over the next week or so.

I'll update my ideas as they develop
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This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck
Steve Nixon - logicfxtrading
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