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EURAUD - CAN BULLS TARGET 1.5700?

Euro / Australian Dollar (OANDA:EURAUD)  
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OANDA:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns EURAUD Currencies breakout
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trendanalysis chartpattern euraud currencies breakout
EURAUD is negating its downtrend and trying to move upside. Now trading alongside with trendline resistance from quite sometime around 1.56000. This is also a phycological level itself. So, if bulls have the potential to break this level then we can expect 1.5700 near term. Good Luck!
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