Very much a similar situation chart-wise to my previous EURAUD post .

I tried unsuccessfully to short this beast last week and gave most of my profit back to my break even stop loss.

I’m holing a small short from Friday (once bitten) and this time I am in a better position with my entry and have built a fair pip tally with these early moves. I will be looking to add if the downside continues. – The area between 1.7215 -1.7115 could see some consolidation near term after price got a knock back from the 127% extension .



Horatio Dubsly

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