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Thread: EURAUD – September 30th
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10-03-2013, 18:05 #1
EURAUD – September 30th
I have traded the EURAUD in both directions since about the end of May and after I closed my long above 1.4500 last week I took another look at the charts and entered my shorts this morning. I think we are bound to head lower and this time I agree with the Paxforex call that we could see a breakdown below 1.4000. Their charts points out the head-and-shoulders pattern which was formed. The Euro may be in for a turbulent fourth-quarter.
Post Thanks / LikeRambo35 thanked for this post
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10-04-2013, 05:48 #2
Re: EURAUD – September 30th
Thanks for this recommendation. I really like this trade and have it in my portfolio as well. It has been a bit resilient, but I am looking for at least 300 pips on this trade.
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