 Good morning traders Patrick Manly here with another tickmail chart here I want to draw your attention today to a developing opportunity in the Euro Aussie on the daily time frame. We have been carving out a rounding bottom here on the chart and we appear to be moving in equal lengths here at a nice channel, retested the channel support yesterday, strong bid came into the market, big outside reversal candle yesterday. I'm looking now to set long positions through yesterday's high around the 16690 area using the overnight lows as a protective start to improve my risk-reward ratio. I'm targeting a move up to the 161 extension of this initial structure at the 170 level. As always traders, plan the trade, trade the plan, most importantly manage your risk. Until next time, thanks very much.