EURAUD UPDATE. Broke Trendline. Best Confirmation Below 1.4700

Our out look is still playing out. Broke the Trendline and Retraced 61.8%. Best swing positions can be taken early but its best to trade below 1.47000 when we have a good confirmation to New Swing Low. THis is just out outlook not signal to take trade. Make proper confirmations and risk management. If the High A is taken out the the setup and Outlook will be invalidated and we shall find trend continuation patterns. The Outlook Holds as Long as A remains the high Point.