EURAUD, easy does it!

Updated
We have upcoming news for AUD and it could play out this way on the EURAUD pairing.

This is purely technical conjecture and is not a great trade idea or to be considered particularly savvy.

I will risk $10 for fun on this and will have a Buy Limit setup at my TP as well for the touch and rejection.

Good Luck, have fun. Cheers
Note
A Quick note about my Stop Loss levels in these ideas...

While the chart shows that I have set a Stop Loss, the chart acts as more of a guide or an area of importance. If price does go above the charted SL it does NOT always mean that I am closing the trade at that time.

Be advised.
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer