Scott Barkley
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Scott Barkley in Proact Traders,

$EURAUD –channel continuation?

Currently we are at 1.4996 in a nice channel. We are looking to continue to the 0.382 Fibo @ 1.4942 with an overall target to the 0.500 Fibo @ 1.4831. The average daily true range (ATR) for the pair currently is 128 pips.