Euro / Dollar Australien
Short

EURAUD Heading Lower Next Week?

115
The EURAUD appears to have closed below channel support that extends from the February low. However, the 1.3900 support area isn't far below Friday's close.

I booked profit on my EURAUD short at 1.3907 last week for +190 pips. Depending on how Monday opens I'll be interested in shorting the cross again for a potential move back to the 1.3670 region.

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