Moving back to the Daily trend line is a small opportunity for a long trade.
Breakouts of the 60 bar high/low (Donchian Channel) on the hourly charts for EUR/AUD can be taken for good profits this year. Stoploss of 25 pips and take profit of 75 pips has been profitable. Don't trade in the same direction as the last trade if it was a winner. Only take advantage of the initial trend breakout.
possible reversal off a support / resistance area long @ 1.3045 exit 1.3085 loss 1.3015 this is only an idea, I can't be held responsible for any losses you have following me. -pipjunkie