Keep an eye on this flag

FX:EURAUD   Euro / Australian Dollar
EURAUD is in a pullback/consolidation pattern. It is building a quite nice and tight bullish flag , so put this on your watch liist and monitor for breakout. If you're an aggressive trader, you can buy the bottom of this channel.

There is a interest rate decision on September 6th , which I think will be the catalyst that sends higher out of this flag, so you may still have plenty of time to accumulate a position.


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