EURAUD has been trading within this huge channel for almost 10 years now so a very significant channel with the Eurozone starting to breakdown a clean break of the low of this channel exposes further losses looking at the 1.40 as the first major target which would provide 1,300 pips
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.