Euro / Australian Dollar
Long

EURAUD trend reversal

264
Yesterday we saw the possibility of reversing the trend at EURCAD.
Today we observe EURAUD.

This week we saw a break, a higher bottom, and yesterday the price managed to make a higher peak.
All this signals the depletion of the downward direction.

This allows us to search for purchases to:
1.6020
and
1.6230

This scenario fails when the previous bottom breaks!

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