The EURAUD is trading at historical lows (and below every important level in the short term charts):

Under these circumstances it’s difficult to define the next LT support level (or TP level), there for we need to keep trailing the SL to lock in some profits.

Without a doubt I’m bearish in the EURAUD, and I will keep looking for more short opportunities.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/