Hello Traders we take a look at the Euraud for a possible short trade. OK let us take a look at the chart, as we can see we are not getting much price action so far today. So we are looking for a pull back to the zone of the 50% Fibonacci level with a possible entry of 1.4095. I will place my stop at the price of 1.4110. I am looking to take profit at the support at the price of 1.4020 for a nice 70 pip trade. I looked at this trade in Asia and now just starting to move to my entry point.

Thank you traders and we will talk soon…William