EURAUD has given a bullish reversal on daily timeframe and making good higher highs and higher lows on lower timeframe confirming a good bullish momentum. The current price is bouncing from the 0.618 fib level which will act as a good support. The price has potential to go atleast the falling trendline and can break it as well.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.