EURAUD: Expecting a lower breakout of this flag

Expecting a drop from this pair, so looking out for a confirmation on LTF's.

There's a squeeze with big rejections from the descending trendline and this pair is coiling in a very small range.

Expecting the breakout below, with Aussie inflation data on Wednesday - AUD inflation has been more stubborn than most so any inflation increase and I will expect Aussie strength, as the BoA is likely to act hawkishly.

Trade active:

Sell now

Trade closed: stop reached:

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