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6.1.8.Family

EURAUD: Expanding Triangle Still Possible

Short
Euro / Australian Dollar (FX:EURAUD)  
6.1.8.Family  
FX:EURAUD   Euro / Australian Dollar
EURAUD short correction Triangle Forex Trend Lines structure EUR aud overthrow
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euraud short correction triangle forex trendline structure eur aud overthrow
This corrective structure is likely an Expanding Triangle with the yellow shaded region above the "upper structure line" being an "overthrow".This gives an opportunity for a short position on the EURAUD.
Trade with care. Use a strategy you have tested and verified.

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6.1.8.Family
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