It seems EURAUD is forming a structure ? Impulse + Correction + Next impulse ?
Target is open and SL @ 1.462
From the fundamental perspective, Australia eases to 1.9 % so it supports the idea of a weaker AUD
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade