Potential Trade Setup. Bullish 4-hour Pattern EUR/AUD

Written by  MyFxCentral Team
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Potential Trade Setup. Bullish 4-hour Pattern EUR/AUD

EUR/AUD

We are looking at a bullish daily pattern that started mid September 2011. The target is 1,3115 with stops at 1,2125. This pattern, at the current Price level (1,2285), has a probable gain of 830 pips and a risk/reward Ratio of 1:5,2

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