FinancialGamblR

Swing Trade Opportunity on EURAUD

Short
FOREXCOM:EURAUD   Euro / Australian Dollar
The euro seems to be bearish against a basket of other major pairs. As price reverses from mid-August highs, we've seen two consolidation ranges.

Price is currently in the process of breaking out of the lower range boundary of the second consolidation. I expect momentum to pick up.

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