1 hour chart shows a clear H&S , the trend in down on all MA,10,20,50,100 EURAUD -0.12% has a target in 1.40043 so this is a short term H&S
Trade closed: target reached:
i went in to this trade with a SL in 1.42000, and was a but afraid to hit this support, but we can as i expected a string downtrend and i made a fine profit.