SteveNixon
Short

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
First rule of trading - Protect your capital

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Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck
Steve Nixon - logicfxtrading
Comment:
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