EURAUD BREAKOUT AND RETEST ON WEEKLY TF

The weekly is now starting to form a shooting star but we have to wait till the end of the week to see what we get.

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The Euro has failed to go higher and the Aussie has failed to go lower so It's a good time to Short now with stop loss above 1.59 = 90pips risk 100% retracement is 2000 pips away if it's left to run...