EURAUD: Expecting a lower breakout of this flagExpecting a drop from this pair, so looking out for a confirmation on LTF's.
There's a squeeze with big rejections from the descending trendline and this pair is coiling in a very small range.
Expecting the breakout below, with Aussie inflation data on Wednesday - AUD inflation has been more stubborn than most so any inflation increase and I will expect Aussie strength, as the BoA is likely to act hawkishly.
