Scott Barkley
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Scott Barkley in Proact Traders,

$EURAUD- channel break

Currently we are 1.4773 after breaking out of the channel.  We are looking for a continuation to the 0.214 Fibo @ 1.4730 and then MAYBE resumption to the 1.4700.  The average daily true range (ATR) for the pair currently is 116 pips.