JFD_Research

EURAUD - 240 - Watch the wedge

FX_IDC:EURAUD   Euro / Australian Dollar
Trade idea.

As we know, falling wedges tend to break through their upper side, according to textbooks. But until we see that happening, we will continue aiming lower.

The chart is self explanatory. Please see the chart for levels and targets.

Don't forget your stop-loss.
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