EURAUD is bouncing off the 1.4650 trendline
EURAUD is bouncing for the upside reversal and a test of 1.5. Although still in the downtrend, the pair shows signs of basing but needs to break above the 1.5250 level with a confirmation. A break below 1.4500 again will lead to a new swing lower.
Note: look for the long trade entries with the stop loss below 1.4500
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