Steve's Weekly Trade: Short EurAud

FX:EURAUD   Euro / Australian Dollar
52 0 4
The Euraud             has broken a trendline that has been in play since July 2012. I waited until this morning to place the trade to get the Australian rate decision out of the way. As always I have placed two trades, the first with a target of 100 pips the second with an open target. The trades will close if the weekly chart closes above the pitchfork .

Existing weekly trade NZDUSD             from August 1st is still active showing +130 pips
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