There's a potentially beautiful move shaping up here. We will wait to see how low price goes and see if it reverses or continues to drop below our purple box. Although, it seems unlikely it will drop further than that point as it is a historically very strong level. However, anything is possible and our job is to not be biased and to adapt to the market. We are of course hoping it will reverse and make for a few hundred pips back in profit to the standard range it operates at. We have our alerts set and will be keeping an eye out.
EURAUD
EURAUD