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patrick186

Week Ahead #1: EURAUD Continu. Pattern and Other Opportunities

Euro / Australian Dollar (FX_IDC:EURAUD)  
patrick186  
FX_IDC:EURAUD   Euro / Australian Dollar
Fibonacci Head and Shoulders Flag GOLD/EUR EURAUD GBPAUD EURUSD CHFJPY XAU EUR aud GBP
3
0
fibonacci headandshoulders flagpattern xaueur euraud gbpaud eurusd chfjpy xau eur aud gbp
EURAUD appears to have formed a nice weekly bull flag which should take price up to the monthly/quarterly .618 fib... Ideally a major high forms there, establishing a right shoulder within this large H&S pattern and then dropping hard.

For the full analysis check out my site, PatsTrades.com

Opportunities covered:

1) XAU/EUR
2) EUR/AUD
3) GBP/AUD
4) EUR/USD
5) CHF/JPY

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