EURAUD Daily Trend Line Break

Going into this week I'm looking for the Euro to have a potential pull back to either the 50.0% or the 38.2% range, use the previous support trend line as resistance, and then take a turn to the downside.

By waiting for a break of structure on the lower time frames at these zones and waiting for the right time to place your entry, we can create a trade that has a greater reward and a lower risk.