EURAUD SHORT 4HR

We have seen 3 previous measured impulse moves to the upside around 540 pips each, a nice shift in trend has formed as we see it has gone past the previous lower high in the uptrend. I can see it pulling back to our 61.8 retracement level and dropping to our -61.8 extension level as I have measured the previous impulse move down and it lines up nicely with that level

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