Yassine

EURAUD FLAG SETUP

Long
Yassine Updated   
FX:EURAUD   Euro / Australian Dollar
4
First target is a 1.272 extension of the up move leading to the flag which is is confluence with the 50% retracement of the major move down. Second target is the 1.618 extension which matches with the 61.8% retracement of the major down move and is an area of previous structure.
Comment:
Price broke out, wait for a pullback.

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