EUR/AUD: Triangle Break

 | Oct 06, 2014 08:28AM ET

  • h3 EUR/AUD/h3
  • Currently we are at 1.4394. We are in a bearish rectangle and looking for a continuation to the Support area @ 1.4223 with an overall target @ 1.4120. The average daily true range (ATR) for the pair currently is 133 pips.