Scott Barkley
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Scott Barkley in Proact Traders,

$EURAUD– Consolidation break?

Currently we are 1.5565 and attempting  breaking out of the Consolidation. We are looking to continue to the 0.618 Fibo @ 1.5676 and with a further target this week to the 1.5863 area. The average daily true range (ATR) for the pair currently is 176 pips.

 

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