I follow this pair closely as it trends very well, but I rarely trade it because the spread is too wide and liquidity is thin. I’ve let many good setups go. But now we have a clear confirmation of a big double top on the daily chart and this is usually a very reliable pattern. The measured move target of this double top is 1.3860 – I hope we see that in the next week or so!
Short $5/pip EURAUD at 1.4358, SL 1.4440 (extreme), first red flag at 1.4405.