Akil_Stokes

EURAUD: Consolidation Between Structure Levels

Short
FX:EURAUD   Euro / Dollaro australiano
Nothing much on the pairs in my trading portfolio, so looking at a few of my bench warmers in order to get some reps in before our Live Trading Day starts at 8.

We've had some decent back and forth action recently on the EURAUD and although this type of formation typically breaks out to the bullish side, I wouldn't be surprised to see a ppush down to 1.4700's first and even a retest of the channel lows.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
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