EURAUD is in a sharp downtrend from the end of September. Being heavily oversold & reaching a key level, the pair formed a double bottom formation on 4h. With a confirmed neckline breakout, chances are high to see a bullish continuation.
First goal - 1.575
❤️Please, support this idea with like and comment!❤️
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.