EURAUD is setting up really nicely for a big 650pip move to complete subwave c of Wave B. We are currently in what appears to be a Flat correction = 335 breakdown.
Trade idea: - Watch for price to come into the buy zone - look for reversal signs and put your confirmations in such as BOS or trendline break - enter once confirmed - Targets: 1.68 (450pips), 1.7 (650pips)
Once we complete Wave B of the flat correction, we will be looking for a reversal and catch wave C, which will be another 900pip trade!