OANDA:EURAUD   Euro / Australian Dollar
Just got out of this one for a quick short - 80 pips tonight.

This could be a premature profit capture but that's OK if it is.

I will see what is going tomorrow morning but I would be looking for a possible bounce or reaction around the zone near the base of the yellow arrow.
This would be a LONG.
Comment:
Yes, it was a premature exit as I missed a nice 86 extra pips.
I left my "sold" level.

Sometimes those lines stop price right there... and sometimes price goes to the next level.
The key is to be OK with our first target. The market is not going anywhere. Live and learn... and earn.

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