nothing much to do and before the 1st match of the afternoon between Leicester City v Chelsea, I look at some charts and a thread where nearly every trader is in deep pain with this pair Eur/Aud besides many..Guys, this is the monthly chart ....as you can see the 50 level fib of the monthly held up well for many months where price was rejected ( marked in blue) but last month was unusual...price closed above this level...those who gone short have their backs against the wall now..... but as a trader of the 10/34 ema we will make use of this fact to trade long with the set up..don't trade blindly, trade only when there is a set up..Fyi I had gone long and made my pips long before the monthly close trading the trend
the cautious seldom err....C
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