forexfreaks

EURAUD break or not?

Short
OANDA:EURAUD   Euro / Australian Dollar
his new low seems to be a pivotal point for trading... Is this new toy of mine, EURAUD, going to break it's D1 downtrend or is it just being awesome and setting me up for more pips? The green highlight is the determination here. This could be either or however if we were breaking market structure then that is a rather tall new high for a first one. I'll take a short now since we crashed straight through the fib 50% mark already. how many of these pips can we catch today =D

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