EURAUD Major Level Break

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EUR has been creeping back down toward the below zone. If you look back, price has done something similar and then broke downward for about 50-60 pips. Same theory here, I've got a sell stop set at 1.65561. If price closes below this level it will like go for another 50 pip move to the downside. Let's see what happens. No EURO news until 10:30am, and it is not high impact.