This is what is making me not so overly hot about the Eur/Aud sell, at least in any long term. GA looks like it needs to pull up. Best thing to do is wait and get in on a 1hr flag, but it looks like it will at least be creating more of this smaller corrective structure with the possibility of going up much more pattern wise. It can extend down more in this channel, but I see it very likely to go up and at least tag that high at 1.78. Just keep in mind that how choppy this pair is. But this the type of price action (even from the top) where run it back up. Notice the smaller WXY pattern, and the larger one. Eur/Aud is at a key spot where it can pull down some, I will post an update on that in a sec. Keep in mind they are in correction but are at a point that they can breakout and make a move.
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