Realtime Chart Basics: EURAUD [DAILY]: The pair continues to be capped by its 20DMA since Nov., 27th 2011 and currently trading in a consolidative (basing?) pattern between 1.2479 (Jan 25th Hi) and 1.2226 (Jan. 17 Lo). This pair could either experience a relief corrective rally or breakdown below its channel for another 500+ or so points leg down. A pair sure on the radar screen. #forex