EURAUD Daily - 5300 pretty much indicates the break out is done........ the above chart or the 8 hr is the confirmation spot of this 5300 break out - if can't take it out it carries potential for a reversal and thus a false break on the daily .. This then tgts 5100-20. zone.. IT can still get a bounce back up but likely to face resis to 5300.. This is where it holds; is a shorting opp for a 1.47 fallout min - if not more........
EURAUD Daily - Incase we fake upside then this is what the pair likely end up doing....... [7:03:31 PM] Stryker: In short 5420-30 under there is a potential for a big fallout on the pair.......
Now...
This is bigger outlook..
1.5000 drop zone to say if get under to 5300 and start closing under..
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