$EURAUD- Bounce or break? | Marketfy

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$EURAUD- Bounce or break?

By Pro Act Traders — Author

Currently we are at 1.3459 afterbreaking down from the rising wedge. We are looking for a possible bounceat 1.3429 (the 0.618 Fibo) back to the 0.214 Fibo @ 1.3536. TheBreak down would target the 1.3350-3385 area. The currentaverage daily trading range (ATR) is 103 pips.

Posted to Introduction to Forex Targe… on Jun 03, 2013 — 8:06 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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