Last week I shorted EURAUD at 1.56 and I am keen to do the same this week. This pair has been resisted over the last 2 weeks. I am hoping for one last challenge to complete the deep crab at 1.56. I will leave targets open because these kind of trades will usually result in a 200-300 pip move.
I will protect at least 70 pips and switch Stop Loss to 1.5530. You should be sitting on 180 pips of profits now.